Key facts
- This page summarizes Leonardo S.p.a's Form 4 filing for Leonardo DRS, Inc. (DRS).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 21 Nov 2023, 17:54.
Leonardo S.p.a - 21 Nov 2023 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- DRS
- Reported as of
- 21 Nov 2023
- Net transaction value
- -$353,187,540
- SEC form
- 4
- Accepted by SEC
- 21 Nov 2023, 17:54:01 UTC
- Prior SEC filing
- 28 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Federico Bonaiuto, General Counsel, Leonardo S.p.a.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Leonardo S.p.a filed Form 4 for Leonardo DRS, Inc. (DRS) on 21 Nov 2023.
Change
- Previous filing in this sequence was filed on 28 Nov 2022.
- Current net transaction value: -$353,187,540.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRS
transaction
Common Stock, par value $0.01 per share
Sale
- Transaction value
- $353,187,540
- Shares
- -20,700,000
- Change %
- -9.8%
- Price
- $17.06
- Shares after
- 189,745,073
- Date
- 21 Nov 2023
- Ownership
- See Footnote 1
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Leonardo S.p.a., as the parent of Leonardo US Holding, LLC (the "Selling Stockholder"), beneficially owns the shares of Leonardo DRS, Inc.'s common stock (the "Common Stock") reported hereby, which are owned of record by the Selling Stockholder.
Footnote F2
On November 21, 2023, the Selling Stockholder sold 20,700,000 shares of Common Stock of Leonardo DRS, Inc. in an underwritten public offering at a per share price of $17.062188 pursuant to the Underwriting Agreement, dated November 16, 2023, by and among the Selling Stockholder, Leonardo DRS, Inc. and the underwriters party thereto, which includes the exercise in full of the underwriters' option to purchase additional shares. The public offering price in the underwritten public offering was $17.750000 per share