---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023788"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:40:00.376966+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Leonardo DRS stockholders approve ESPP (2M shares) and amended equity plan at annual meeting

## Summary
- ESPP authorized up to 2M shares; purchase price 90% of FMV on purchase date; payroll deductions up to 10% of compensation.
- Amended 2022 Omnibus Equity Compensation Plan approved; allows various equity awards for employees, directors, consultants.
- All 9 director nominees elected with >236M votes each; advisory say-on-pay passed with 250.5M for vs 0.8M against.
- Ratification of Ernst & Young as independent auditor for FY2024 approved with 255.2M votes for.
- ESPP and amended plan effective May 15, 2024; no material financial terms changed beyond share reserve.

## SEC filing metadata
- accession: 0001628280-24-023788
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/drs-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023788
- JSON: https://secwatch.observer/filing/0001628280-24-023788.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023788.txt

## Source-grounded claims
- claim_id: 2753bb5f43221f2f6410db5e6097498dd4615b7b
  claim: Leonardo DRS, Inc. shareholders approved Approval of the Leonardo DRS, Inc. Employee Stock Purchase Plan at the 2024-05-15 meeting.
  evidence_excerpt: Approval of the Leonardo DRS, Inc. Employee Stock Purchase Plan 251,319,881 69,247 28,438 3,912,857
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm
- claim_id: 5fe34aa82860c547160cd94527695171c4e4ea89
  claim: Leonardo DRS, Inc. shareholders approved Approval of the Amendment and Restatement of the Leonardo DRS, Inc. 2022 Omnibus Equity Compensation Plan at the 2024-05-15 meeting.
  evidence_excerpt: Approval of the Amendment and Restatement of the Leonardo DRS, Inc. 2022 Omnibus Equity Compensation Plan 250,467,618 861,989 87,959 3,912,857
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm
- claim_id: 7d4d81cb1dc209168270050168a3a1034075eeba
  claim: Leonardo DRS, Inc. shareholders approved Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2024 at the 2024-05-15 meeting.
  evidence_excerpt: Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2024 255,204,772 67,207 58,444 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm
- claim_id: b3411a48762a7f152d53f9d1c014443561195a1b
  claim: Leonardo DRS, Inc. shareholders approved Election of Directors at the 2024-05-15 meeting.
  evidence_excerpt: Election of Directors Shares Voted For Shares Voted Against Withheld Broker Non-Votes William J. Lynn III 249,843,624 N/A 1,573,942 3,912,857 Frances F. Townsend 249,969,986 N/A 1,447,580 3,912,857 Gail S. Baker 250,761,350 N/A 656,216 3,912,857 Dr. Louis R. Brothers 250,768,672 N/A 648,894 3,912,857 David W. Carey 249,336,972 N/A 2,080,594 3,912,857 General George W. Casey, Jr. 250,763,399 N/A 654,167 3,912,857 Mary E. Gallagher 250,765,518 N/A 652,048 3,912,857 Kenneth J. Krieg 236,280,607 N/A 15,136,959 3,912,857 Eric Salzman 250,051,465 N/A 1,366,101 3,912,857
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm
- claim_id: cdd6949fb1262b6f2988d0b70a6cab6ab8c5a1ef
  claim: Leonardo DRS, Inc. shareholders approved Advisory Resolution Regarding Compensation of the Company’s NEOs at the 2024-05-15 meeting.
  evidence_excerpt: Advisory Resolution Regarding Compensation of the Company’s NEOs 250,541,067 755,296 121,203 3,912,857
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833756/000162828024023788/0001628280-24-023788-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.