General Dynamics (GD) director Mattis has 83 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director James N. Mattis reported a small tax-related share disposition. On the transaction date, 83 shares of Common Stock were withheld at a price of $359.79 per share to satisfy tax obligations tied to the release of restricted shares under the company’s equity compensation plan.
After this withholding, Mattis directly held 3,455 shares of General Dynamics Common Stock. This was not an open-market sale, but an automatic share withholding to cover taxes on vested equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mattis James N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 83 | $359.79 | $30K |
Holdings After Transaction:
Common Stock — 3,455 shares (Direct)
Footnotes (1)
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FAQ
What did General Dynamics (GD) director James N. Mattis report in this Form 4?
James N. Mattis reported a small tax-related disposition of shares. 83 General Dynamics Common Stock shares were withheld to cover tax obligations when restricted shares were released under the company’s equity compensation plan, rather than sold in the open market.
Was the General Dynamics (GD) Form 4 transaction an open-market sale?
No, the Form 4 does not show an open-market sale. It records 83 shares of General Dynamics Common Stock withheld to satisfy tax obligations on the release of restricted shares under the equity compensation plan, a routine administrative transaction.
What does transaction code “F” mean in this General Dynamics (GD) Form 4?
Transaction code “F” indicates shares were used to pay exercise price or taxes. Here, 83 General Dynamics shares were withheld specifically to cover tax withholding obligations arising from the release of restricted shares, not as a discretionary market trade.