General Dynamics (NYSE: GD) director paid board fees in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director Laura J. Schumacher reported receiving a stock award of 104 shares of Common Stock. The shares were valued at $359.85 per share on June 16, 2026 and were granted in lieu of cash director fees under the outside directors' compensation program.
After this grant, Schumacher directly holds 13,687 shares of General Dynamics common stock. This is a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schumacher Laura J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 104 | $359.85 | $37K |
Holdings After Transaction:
Common Stock — 13,687 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 104 shares
Award price: $359.85 per share
Post-transaction holdings: 13,687 shares
3 metrics
Stock award
104 shares
Common Stock grant on June 16, 2026
Award price
$359.85 per share
Value of Common Stock grant
Post-transaction holdings
13,687 shares
Shares directly owned after award
Key Terms
Common Stock, Grant, award, or other acquisition, outside directors' compensation program
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
outside directors' compensation program financial
"Reflects stock received in lieu of director fees in accordance with outside directors' compensation program."
FAQ
What did General Dynamics (GD) director Laura J. Schumacher report on this Form 4?
Laura J. Schumacher reported receiving 104 shares of General Dynamics Common Stock as a stock award. The shares were granted in lieu of director fees under the company’s outside directors’ compensation program and are treated as a routine, compensation-related acquisition.
What are Laura J. Schumacher’s General Dynamics (GD) holdings after this transaction?
Following the grant, Laura J. Schumacher directly holds 13,687 shares of General Dynamics Common Stock. This total includes the newly awarded 104 shares received as part of the outside directors’ compensation program in lieu of cash director fees.
Was this General Dynamics (GD) Form 4 transaction a market buy or sell?
This transaction was not an open-market buy or sell. It is coded as a grant or award acquisition, reflecting 104 shares received as compensation in lieu of director fees under the outside directors’ compensation program, rather than a discretionary stock trade.
Why did the General Dynamics (GD) director receive stock instead of cash fees?
The filing states the 104 shares reflect stock received in lieu of director fees. This occurs under General Dynamics’ outside directors’ compensation program, which allows or requires directors to receive some or all board compensation in the form of company stock.