General Dynamics (GD) EVP reports new stock options, PSU and RSU awards

Rhea-AI Filing Summary

General Dynamics Executive Vice President Marguerite Amy Gilliland reported equity compensation and related tax withholding transactions. On March 4, 2026, she received 17,410 stock options, half becoming exercisable on March 4, 2028 and the remainder on March 4, 2029.

She also acquired 3,786 shares of Common Stock upon settlement of performance stock units, including accrued dividend equivalents, and 2,755 shares of restricted stock that will vest after three years. To cover tax obligations on the PSU release, 1,712 shares of Common Stock were disposed of through share withholding. In addition, indirect holdings under the General Dynamics 401(k) plan totaled 818.287 shares after recent plan activity.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Gilliland Marguerite Amy

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	17,410	$0.00	--
Grant/Award	Common Stock	3,786	$0.00	--
Tax Withholding	Common Stock	1,712	$362.35	$620K
Grant/Award	Common Stock	2,755	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options — 17,410 shares (Direct); Common Stock — 48,978 shares (Direct); Common Stock — 818.287 shares (Indirect, 401(k) Plan)

Footnotes (1)

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

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
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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).

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^*

Gilliland Marguerite Amy

(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)
03/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		A(1)		3,786	A	$0	48,978	D
Common Stock	03/04/2026		F(2)		1,712	D	$362.35	47,266	D
Common Stock	03/04/2026		A(3)		2,755	A	$0	50,021	D
Common Stock								818.287(4)	I	401(k) Plan

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
Stock Options	$363.02	03/04/2026		A		17,410		(5)	03/03/2036	Common Stock	17,410	$0	17,410	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. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.

5. 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).
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FAQ

What equity awards did General Dynamics (GD) EVP Marguerite Amy Gilliland receive?

Marguerite Amy Gilliland received a grant of 17,410 stock options, plus 3,786 shares from performance stock unit settlement and 2,755 restricted shares. These awards reflect equity-based compensation tied to performance and continued service requirements.

When do Marguerite Amy Gilliland’s new General Dynamics stock options vest?

Gilliland’s 17,410 stock options vest in two equal parts. Fifty percent become exercisable on March 4, 2028, and the remaining fifty percent become exercisable on March 4, 2029, creating a multi‑year incentive structure.

How were the performance stock units for General Dynamics EVP settled?

The performance stock units were originally granted in 2023 and settled in shares of Common Stock on March 4, 2026. The 3,786 shares include additional units from achieving performance criteria plus accrued dividend equivalents, with no further service-based vesting required.

Why were 1,712 General Dynamics shares disposed of in Gilliland’s Form 4?

The 1,712 shares of Common Stock were withheld to satisfy tax withholding obligations related to the release of performance stock units. This “F” code transaction is a tax-withholding disposition, not an open-market sale or discretionary trading decision.

What are the terms of Marguerite Amy Gilliland’s restricted stock at General Dynamics?

Gilliland was awarded 2,755 shares of restricted stock subject to service-based vesting. These shares are scheduled to be released three years after the grant date, aligning the award with her continued employment over that period.

How much General Dynamics stock does Gilliland hold through the 401(k) plan?

Indirectly through the General Dynamics 401(k) plan, Gilliland held 818.287 shares of Common Stock after recent plan activity. This figure reflects cumulative share movements in the plan since her prior ownership report, rather than a single new transaction.