General Dynamics (NYSE: GD) SVP gets equity awards, tax shares withheld

Q: What equity awards did General Dynamics (GD) executive Shane Berg receive?

Shane Berg received a grant of 15,170 stock options and additional Common Stock awards linked to performance stock units and restricted stock. Some of these awards include accrued dividend equivalents and service-based vesting terms, all settled or deliverable in shares of Common Stock .

Q: How many General Dynamics (GD) stock options were granted to Shane Berg and when do they vest?

Shane Berg was granted 15,170 stock options . According to the filing, 50% of these options become exercisable on March 4, 2028 , with the remaining 50% becoming exercisable on March 4, 2029 , creating a two-step vesting schedule over time.

Q: Why were 894 General Dynamics (GD) shares disposed of in Shane Berg’s Form 4?

The 894 shares of Common Stock were withheld to satisfy tax withholding obligations on the release of performance stock units. This disposition, coded “F,” reflects payment of tax liabilities by delivering securities rather than an open-market sale of shares.

Q: What are the performance stock units (PSUs) mentioned in Shane Berg’s General Dynamics (GD) filing?

The PSUs represent awards originally granted in 2023 , with additional units issued upon achieving specified performance criteria plus accrued dividend equivalents . No further service-based vesting is required, and both PSUs and dividend equivalents are settled in shares of Common Stock .

Q: What restricted stock did Shane Berg receive from General Dynamics (GD)?

Shane Berg received shares of restricted stock that are subject to service-based vesting . These restricted shares will be released three years after the grant date , meaning he must remain in service through that period for the shares to fully vest.

Q: How did Shane Berg’s direct ownership in General Dynamics (GD) shares change after tax withholding?

Following the withholding of 894 shares of Common Stock to cover taxes, Shane Berg directly owned 8,444 shares of Common Stock in that specific transaction. This reflects his post-transaction direct holding after satisfying the related tax obligations in shares.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

General Dynamics Senior Vice President Shane Berg reported a mix of equity awards and related tax withholding transactions. On March 4, 2026, he received 15,170 stock options that vest in two equal parts in 2028 and 2029.

He also acquired shares of Common Stock through performance stock units and restricted stock awards, and had 894 shares of Common Stock withheld at $362.35 per share to cover tax obligations on the release of performance stock units, leaving 8,444 shares of Common Stock directly owned after that withholding transaction.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Berg Shane

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	15,170	$0.00	--
Grant/Award	Common Stock	1,964	$0.00	--
Tax Withholding	Common Stock	894	$362.35	$324K
Grant/Award	Common Stock	1,805	$0.00	--

Holdings After Transaction: Stock Options — 15,170 shares (Direct); Common Stock — 9,338 shares (Direct)

Footnotes (1)

Represents performance stock units (PSUs) originally granted in 2023. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock. Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.

Form 4 Insider Transactions: What Each Field Means →

03/06/2026 - 03:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Berg Shane

(Last)

(First)

(Middle)

C/O GENERAL DYNAMICS CORPORATION

11011 SUNSET HILLS ROAD

(Street)

RESTON

20190

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENERAL DYNAMICS CORP [ GD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/04/2026		A⁽¹⁾		1,964	A	$0	9,338	D
Common Stock	03/04/2026		F⁽²⁾		894	D	$362.35	8,444	D
Common Stock	03/04/2026		A⁽³⁾		1,805	A	$0	10,249	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$363.02	03/04/2026		A		15,170		⁽⁴⁾	03/03/2036	Common Stock	15,170	$0	15,170	D

Explanation of Responses:

1. Represents performance stock units (PSUs) originally granted in 2023. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock.

2. Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.

3. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.

4. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.

	Nicholas R. Barnaby, by Power of Attorney	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did General Dynamics (GD) executive Shane Berg receive?

Shane Berg received a grant of 15,170 stock options and additional Common Stock awards linked to performance stock units and restricted stock. Some of these awards include accrued dividend equivalents and service-based vesting terms, all settled or deliverable in shares of Common Stock.

How many General Dynamics (GD) stock options were granted to Shane Berg and when do they vest?

Shane Berg was granted 15,170 stock options. According to the filing, 50% of these options become exercisable on March 4, 2028, with the remaining 50% becoming exercisable on March 4, 2029, creating a two-step vesting schedule over time.

Why were 894 General Dynamics (GD) shares disposed of in Shane Berg’s Form 4?

The 894 shares of Common Stock were withheld to satisfy tax withholding obligations on the release of performance stock units. This disposition, coded “F,” reflects payment of tax liabilities by delivering securities rather than an open-market sale of shares.

What are the performance stock units (PSUs) mentioned in Shane Berg’s General Dynamics (GD) filing?

The PSUs represent awards originally granted in 2023, with additional units issued upon achieving specified performance criteria plus accrued dividend equivalents. No further service-based vesting is required, and both PSUs and dividend equivalents are settled in shares of Common Stock.

What restricted stock did Shane Berg receive from General Dynamics (GD)?

Shane Berg received shares of restricted stock that are subject to service-based vesting. These restricted shares will be released three years after the grant date, meaning he must remain in service through that period for the shares to fully vest.

How did Shane Berg’s direct ownership in General Dynamics (GD) shares change after tax withholding?

Following the withholding of 894 shares of Common Stock to cover taxes, Shane Berg directly owned 8,444 shares of Common Stock in that specific transaction. This reflects his post-transaction direct holding after satisfying the related tax obligations in shares.