General Dynamics (GD) EVP Jason Aiken granted options and stock, with shares withheld for taxes

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP Executive Vice President Jason W. Aiken reported equity compensation changes involving stock options and common shares. On March 4, 2026, he received 20,880 stock options, with half becoming exercisable on March 4, 2028 and the rest on March 4, 2029.

He also acquired 17,935 shares of common stock from performance stock units originally granted in 2023, including additional units for achieved performance and accrued dividend equivalents, with no further service-based vesting required. Another 3,305 restricted shares were granted, subject to service-based vesting for three years.

To cover tax withholding on the PSU release, 8,089 shares of common stock were withheld at $362.35 per share. After these transactions, Aiken directly owned 186,857 common shares and indirectly held 13.605 shares through the General Dynamics 401(k) plan.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Aiken Jason W

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	20,880	$0.00	--
Grant/Award	Common Stock	17,935	$0.00	--
Tax Withholding	Common Stock	8,089	$362.35	$2.93M
Grant/Award	Common Stock	3,305	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options — 20,880 shares (Direct); Common Stock — 191,641 shares (Direct); Common Stock — 13.605 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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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^*

Aiken Jason W

(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)		17,935	A	$0	191,641	D
Common Stock	03/04/2026		F(2)		8,089	D	$362.35	183,552	D
Common Stock	03/04/2026		A(3)		3,305	A	$0	186,857	D
Common Stock								13.605(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		20,880		(5)	03/03/2036	Common Stock	20,880	$0	20,880	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did GD executive Jason W. Aiken report?

Jason W. Aiken reported equity awards and related tax withholding. He received stock options, common shares from performance stock units, new restricted shares, and had shares withheld to satisfy tax obligations, while updating his direct and 401(k) plan holdings in General Dynamics common stock.

How many stock options did GD grant to Jason W. Aiken?

Jason W. Aiken received 20,880 General Dynamics stock options. According to the filing, 50% of these options become exercisable on March 4, 2028, and the remaining 50% become exercisable on March 4, 2029, reflecting a multi-year vesting schedule tied to continued service.

What common stock awards did Jason W. Aiken receive from GD?

He acquired 17,935 common shares from 2023 performance stock units and 3,305 restricted shares. The performance units include additional shares for achieved performance and accrued dividends, while the restricted shares are subject to three years of service-based vesting before release.

Why were 8,089 GD shares disposed of in Jason W. Aiken’s Form 4?

The 8,089 shares were withheld to cover tax obligations on the release of performance stock units. The filing explains these shares were retained under General Dynamics’ equity compensation plan at $362.35 per share, rather than representing an open-market sale by the executive.

What are Jason W. Aiken’s General Dynamics share holdings after these transactions?

After the reported transactions, Jason W. Aiken directly owned 186,857 General Dynamics common shares. He also indirectly held 13.605 additional shares through the General Dynamics 401(k) plan, reflecting cumulative share activity since his prior ownership report.

How are Jason W. Aiken’s performance stock units in GD structured?

The performance stock units were originally granted in 2023 and paid out in common stock. The units include additional shares for meeting performance criteria and dividend equivalents, and no further service-based vesting is required at this stage, according to the footnotes.