AlphaYouDRS: TOWNSEND FRANCES F discloses securities transactions
By AlphaYouPublished Form 4
TOWNSEND FRANCES F
Reporting filer
TOWNSEND FRANCES F reported Exercise or conversion in Leonardo DRS, Inc.: 1006 units of Common Stock, dated 2026-09-30. The full Form 4 contains 2 transaction entries.
- Disclosed
- Oct 1, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | TOWNSEND FRANCES F | 2026-09-30 | M | Exercise or conversion | 1006 | 0 | 36,894 | 1 day | Filed terms
|
| Restricted Stock Unit (derivative) | TOWNSEND FRANCES F | 2026-09-30 | M | Exercise or conversion | 1006 | 0 | 1,007 | 1 day | Filed terms
|
Common Stock
- Owner
- TOWNSEND FRANCES F
- Date
- 2026-09-30
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1006
- Price
- 0
- Following holdings
- 36,894
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1006
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 36894
- direct Or Indirect Ownership: D
Restricted Stock Unit (derivative)
- Owner
- TOWNSEND FRANCES F
- Date
- 2026-09-30
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1006
- Price
- 0
- Following holdings
- 1,007
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Restricted Stock Unit
- id: F1
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1006
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 1006
- shares Owned Following Transaction: 1007
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- TOWNSEND FRANCES F: Director.
- F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer.
- F2: The RSUs were granted on April 1, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs vested quarterly on April 1, 2026, June 30, 2026 and September 30, 2026. The remaining RSUs will vest quarterly on December 31, 2026, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date. The number of RSUs that vested on each of April 1, 2026, June 30, 2026 and September 30, 2026, were rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on December 31, 2026.
Original sources
Prepared automatically from public filing data. Report a correction.