GD Form 144 Notice: Insider Plans to Sell 8,150 Shares on NYSE
Rhea-AI Filing Summary
Form 144 notice for General Dynamics (GD) indicates a proposed sale of 8,150 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $2,617,576.25. The form lists 268,993,342 shares outstanding and an approximate sale date of 08/25/2025. The securities are shown as acquired on 08/25/2025 with the acquisition described as an option granted on 03/02/2016, and payment is listed as cash. The filer reports no securities sold in the past three months and includes the standard attestation that no undisclosed material adverse information is known.
Positive
- Required disclosure provided: The filer submitted a Form 144 giving market participants notice of the proposed sale.
- Small relative size: 8,150 shares equal approximately 0.003% of the reported 268,993,342 shares outstanding, suggesting limited market impact.
- No recent dispositions: The filer reports "Nothing to Report" for securities sold in the past three months.
Negative
- None.
Insights
TL;DR: Small insider sale notice: 8,150 shares valued at $2.62M, representing a negligible portion of shares outstanding.
The filing notifies the market of an intended sale of 8,150 common shares via Fidelity on 08/25/2025 with an aggregate market value of $2,617,576.25. Compared with the reported 268,993,342 shares outstanding, the proposed sale represents approximately 0.003% of outstanding common stock, so the direct market impact should be minimal. The acquisition row cites an option grant dated 03/02/2016 and lists acquisition and sale dates as 08/25/2025 with cash payment, consistent with an option exercise followed by a sale but the form itself does not state mechanics beyond the listed fields. The filer also confirms no securities sold in the past three months, which provides additional context about recent insider activity.
TL;DR: Routine Rule 144 disclosure; no material governance or disclosure concerns apparent from this single notice.
This Rule 144 notice supplies required public disclosure for a proposed sale by an insider or affiliated person. The form contains the standard attestation about knowledge of material adverse information and reports no recent sales in the prior three months. There are no statements here of unusual timing, clustered insider dispositions, or departures from required representations. Based solely on the contents, this is a routine compliance filing rather than an indicator of governance change.