General Dynamics (NYSE: GD) director reports tax withholding of 83 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Dynamics director Laura J. Schumacher reported a small tax-related share disposition. On the release of restricted shares, 83 shares of General Dynamics common stock were withheld at $359.79 per share to cover tax obligations under the company’s equity compensation plan. After this withholding, she directly holds 13,478 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schumacher Laura J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 83 | $359.79 | $30K |
Holdings After Transaction:
Common Stock — 13,478 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did General Dynamics (GD) director Laura J. Schumacher report?
Laura J. Schumacher reported a tax-related disposition of 83 General Dynamics common shares. The shares were withheld by the company to satisfy tax obligations triggered by the release of restricted stock granted under its equity compensation plan, rather than sold on the open market.
What does a Form 4 tax-withholding transaction mean for General Dynamics (GD) investors?
A Form 4 tax-withholding entry generally reflects routine equity compensation administration. In this case, 83 shares were withheld from Laura J. Schumacher to pay taxes on vested restricted stock, indicating compensation-related activity rather than a discretionary buy or sell decision in the open market.