General Dynamics (GD) Director Granted 95 Shares as Fees — Form 4

Rhea-AI Filing Summary

Nye C. Howard, a director of General Dynamics Corporation (GD), received 95 shares of Common Stock on 09/16/2025 as stock in lieu of director fees under the outside directors' compensation program. The reported per-share price for the transaction is $326.97, resulting in a total reported transaction value of $31,062.15 based on the per-share figure provided. Following the transaction the filing reports 6,353 shares beneficially owned by the reporting person. The Form 4 was executed by Nicholas R. Barnaby by power of attorney and dated 09/18/2025.

Positive

• 95 shares received in lieu of director fees, aligning the director's compensation with shareholder interests
• Form 4 disclosure completed with transaction date (09/16/2025) and reporting signature by power of attorney (09/18/2025)

Negative

• None.

Insights

Financial Analyst

TL;DR Routine director equity grant: small issuance of 95 shares for fees, no material change to ownership or company financials.

The transaction is a non-derivative acquisition of 95 common shares awarded in lieu of director fees, reported at a per-share price of $326.97. For most investors this is an administrative compensation event rather than an operational development. The post-transaction beneficial ownership of 6,353 shares remains a small holding relative to General Dynamics’ market capitalization, indicating limited direct impact on valuation or control.

Corporate Governance Expert

TL;DR Compensation paid in stock aligns director incentives with shareholders; disclosure follows Section 16 reporting norms.

The filing states the shares were issued under the outside directors' compensation program, which is a common governance practice to align director interests with shareholders. The Form 4 was timely filed and signed by an attorney-in-fact, consistent with routine reporting procedures. There is no indication in the filing of any unusual related-party transaction or change in control.

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

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

1. Name and Address of Reporting Person^*

Nye C Howard

(Last) (First) (Middle)

C/O GENERAL DYNAMICS CORPORATION

11011 SUNSET HILLS ROAD

(Street)

RESTON VA 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2025		A(1)		95	A	$326.97	6,353	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects stock received in lieu of director fees in accordance with outside directors' compensation program.

	Nicholas R. Barnaby, by Power of Attorney	09/18/2025
	** 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.

FAQ

What did Nye C. Howard report on the Form 4 for GD?

The filing reports that Nye C. Howard acquired 95 shares of General Dynamics common stock on 09/16/2025 in lieu of director fees.

How much was the reported per-share price on the Form 4 (GD)?

The Form 4 lists a per-share price of $326.97 for the reported acquisition.

How many shares does the reporting person own after the transaction?

The filing reports 6,353 shares beneficially owned following the reported transaction.

Who signed the Form 4 for Nye C. Howard?

The Form 4 was signed by Nicholas R. Barnaby by power of attorney, dated 09/18/2025.

What was the reason given for the stock award on the Form 4 (GD)?

The filing explains the shares reflect stock received in lieu of director fees under the outside directors' compensation program.