General Dynamics (NYSE: GD) CEO sells 32,918 shares, holds 766,457

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP Chairman and CEO Phebe N. Novakovic reported open-market sales of company common stock. On March 11, 2026, she sold a total of 32,918 shares in two transactions at prices around $353.75–$354.24 per share.

After these sales, she directly owns 766,457 common shares. She also has indirect holdings of 5,899.55 shares through the General Dynamics 401(k) plan and 30,000 shares held by a limited liability company whose members are trusts for the benefit of her children.

Insider Trade Summary

Net Seller: 32,918 shares ($11,656,060)

Net Sell 4 txns

Insider NOVAKOVIC PHEBE N

Role Chairman and CEO

Sold 32,918 shs ($11.66M)

Type	Security	Shares	Price	Value
Sale	Common Stock	9,907	$353.745	$3.50M
Sale	Common Stock	23,011	$354.244	$8.15M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 789,468 shares (Direct); Common Stock — 5,899.55 shares (Indirect, 401(k) Plan)

Footnotes (1)

Sale prices ranged from $352.96 to $353.955. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price. Sale prices ranged from $353.965 to $354.505. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report. Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children.

Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 02:46 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^*

NOVAKOVIC PHEBE N

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		S		9,907	D	$353.745⁽¹⁾	789,468	D
Common Stock	03/11/2026		S		23,011	D	$354.244⁽²⁾	766,457	D
Common Stock								5,899.55⁽³⁾	I	401(k) Plan
Common Stock								30,000	I	By LLC⁽⁴⁾

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)

Explanation of Responses:

1. Sale prices ranged from $352.96 to $353.955. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.

2. Sale prices ranged from $353.965 to $354.505. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.

3. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.

4. Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children.

	Nicholas R. Barnaby, by Power of Attorney	03/13/2026
	** 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 did General Dynamics (GD) CEO Phebe Novakovic report in this Form 4?

Phebe Novakovic reported open-market sales of General Dynamics common stock. She sold 32,918 shares on March 11, 2026, at prices around $353.75–$354.24 per share and disclosed her updated direct and indirect shareholdings afterward.

How many General Dynamics shares did the CEO sell in this insider transaction?

The CEO sold a total of 32,918 General Dynamics common shares. The sales occurred in two open-market transactions on March 11, 2026, with reported prices around $353.75 and $354.24 per share, as detailed in the Form 4 filing and its footnotes.

What is Phebe Novakovic’s remaining direct ownership in General Dynamics (GD) after the sale?

After the reported sales, Phebe Novakovic directly owns 766,457 General Dynamics common shares. This figure reflects her direct position following the two open-market sale transactions disclosed for March 11, 2026, in the insider ownership report.

What indirect General Dynamics holdings does the CEO report on this Form 4?

She reports 5,899.55 shares held indirectly through the General Dynamics 401(k) plan and 30,000 shares held by a limited liability company. The LLC’s members are trusts for the benefit of her children, and she serves as a manager of that entity.

At what prices were the General Dynamics shares sold in the CEO’s Form 4 filing?

The sales were executed at weighted-average prices of $353.7450 and $354.2440 per share. Footnotes explain that individual trade prices ranged from $352.96 to $353.955, and from $353.965 to $354.505, with full breakdowns available upon request.