STOCK TITAN

General Dynamics (GD) EVP has 1,868 shares withheld for tax obligations

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

General Dynamics Executive Vice President Mark Lagrand Burns reported a compensation-related share disposition tied to tax obligations. On March 9, 2026, 1,868 shares of Common Stock were withheld at $359.79 per share to satisfy tax withholding in connection with the release of restricted shares, rather than sold on the open market. After this transaction, he directly holds 49,128.154 Common Stock shares. He also has indirect holdings of 1,242.49 shares through a General Dynamics 401(k) plan and 33,670 shares held by a trust.

Positive

  • None.

Negative

  • None.
Insider Burns Mark Lagrand
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 1,868 $359.79 $672K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 49,128.154 shares (Direct); Common Stock — 1,242.49 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Represents the withholding of shares of Common Stock under the General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations in connection with the release of restricted shares. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
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*
Burns Mark Lagrand

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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)
Code V Amount (A) or (D) Price
Common Stock 03/09/2026 F(1) 1,868 D $359.79 49,128.154 D
Common Stock 1,242.49(2) I 401(k) Plan
Common Stock 33,670 I By Trust
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. Represents the withholding of shares of Common Stock under the General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations in connection with the release of restricted shares.
2. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
Nicholas R. Barnaby, by Power of Attorney 03/11/2026
** 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.

FAQ

What did General Dynamics (GD) executive Mark Lagrand Burns report on this Form 4?

Mark Lagrand Burns reported a tax-related share disposition. 1,868 Common Stock shares were withheld at $359.79 per share to satisfy tax obligations arising from the release of restricted shares, rather than being sold in an open-market transaction.

Was the General Dynamics (GD) insider transaction a market sale of shares?

No, the transaction was tax-withholding, not a market sale. The company withheld 1,868 shares of Common Stock to cover tax liabilities tied to restricted share release, as described in the equity compensation plan footnote.

How many General Dynamics (GD) shares does Mark Lagrand Burns hold after the transaction?

After the transaction, Mark Lagrand Burns directly holds 49,128.154 Common Stock shares. He also has indirect holdings of 1,242.49 shares in a 401(k) plan and 33,670 shares held by a trust.

What price per share applied to the General Dynamics (GD) tax-withholding shares?

The withheld shares were valued at $359.79 per share. This price was used to determine the value of the 1,868 Common Stock shares applied toward satisfying tax withholding obligations related to the release of restricted shares.

What types of indirect holdings does Mark Lagrand Burns have in General Dynamics (GD)?

Mark Lagrand Burns has two categories of indirect holdings: 1,242.49 Common Stock shares through the General Dynamics 401(k) plan and 33,670 Common Stock shares held by a trust, as reflected in the ownership entries.

How many shares were used for tax withholding in this General Dynamics (GD) insider event?

The event used 1,868 Common Stock shares for tax withholding. These shares were withheld under the General Dynamics equity compensation plan to satisfy tax obligations triggered by the release of restricted shares.