{"schema_version":"secwatch.filing_event.v1","accession":"0001833756-25-000008","form_type":"8-K","ticker":"DRS","cik":"0001833756","company_name":"Leonardo DRS, Inc.","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.700805+00:00","generated_at":"2026-05-17T01:42:40.993193+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Leonardo DRS CEO Lynn to retire; COO Baylouny named CEO, Townsend Chair effective Jan 1 2026","bullets":["William J. Lynn III to retire as CEO and Chairman effective Dec 31, 2025; will remain employee through Apr 1, 2026.","John Baylouny, current COO (since 2018), appointed President & CEO and Board member effective Jan 1, 2026.","Frances F. Townsend, lead independent director, named Chair of the Board effective Jan 1, 2026.","Baylouny's employment agreement: $950,000 base salary, 120% target bonus, $2.5M LTI target for 2026.","Lynn receives lump sum equal to 2026 target bonus, continued RSU vesting, and 18 months COBRA reimbursement."],"urls":{"canonical":"https://secwatch.observer/filing/0001833756-25-000008","json":"https://secwatch.observer/filing/0001833756-25-000008.json","markdown":"https://secwatch.observer/filing/0001833756-25-000008.md","text":"https://secwatch.observer/filing/0001833756-25-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833756/000183375625000008/0001833756-25-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833756/000183375625000008/drs-20251027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:42:40.993193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}