Equity awards to director at General Dynamics (NYSE: GD) disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Dynamics director Laura J. Schumacher reported equity awards that increase her stake in the company. On the transaction date, she received stock options for 1,120 shares at an exercise price of $0.0000 per share and a grant of 270 shares of restricted common stock.
The restricted stock is subject to service-based vesting and will be released three years after the grant date. Half of the stock options become exercisable on 03/04/2028, and the remaining half become exercisable on 03/04/2029, reflecting a long-term, time-based incentive structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schumacher Laura J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 1,120 | $0.00 | -- |
| Grant/Award | Common Stock | 270 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 1,120 shares (Direct);
Common Stock — 13,561 shares (Direct)
Footnotes (1)
- Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.
FAQ
What did Laura J. Schumacher acquire in this General Dynamics (GD) Form 4 filing?
Laura J. Schumacher received stock options for 1,120 shares and 270 shares of restricted common stock. These awards represent equity-based compensation that increases her direct ownership stake in General Dynamics, aligning her interests with long-term shareholder value creation.
How many General Dynamics (GD) stock options were granted to Laura J. Schumacher?
She was granted stock options covering 1,120 General Dynamics shares. These options have an exercise price of $0.0000 per share, indicating a compensatory grant rather than an open-market purchase, and will vest in stages over future years.
What restricted stock did Laura J. Schumacher receive from General Dynamics (GD)?
She received 270 shares of restricted General Dynamics common stock. These shares are subject to service-based vesting and will be released three years after the grant date, encouraging continued service and long-term alignment with the company’s performance.
When do Laura J. Schumacher’s General Dynamics (GD) stock options become exercisable?
Fifty percent of the options become exercisable on 03/04/2028, and the remaining fifty percent on 03/04/2029. This staggered vesting schedule encourages multi-year retention and ties the benefit to her continued role with General Dynamics.