General Dynamics (GD) EVP has 1,868 shares withheld for tax obligations
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
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.
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.