General Dynamics (GD) director reports 83-share tax withholding, holds 3,019
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director Cecil D. Haney reported a small, routine tax-related share disposition. On the transaction date, 83 shares of Common Stock were withheld at $359.79 per share to satisfy tax obligations tied to the release of restricted shares under the company’s equity compensation plan.
After this withholding, Haney directly holds 3,019 shares of Common Stock. This event reflects administrative tax withholding rather than an open-market purchase or sale, and does not represent a discretionary trading decision in General Dynamics stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HANEY CECIL D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 83 | $359.79 | $30K |
Holdings After Transaction:
Common Stock — 3,019 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did General Dynamics (GD) director Cecil D. Haney report?
Cecil D. Haney reported a tax-related share disposition, where 83 General Dynamics Common Stock shares were withheld. The withholding covered tax obligations arising from the release of restricted shares under the company’s equity compensation plan, rather than a voluntary open-market trade.
What does the footnote in Cecil Haney’s General Dynamics (GD) Form 4 explain?
The footnote explains that the 83 General Dynamics shares represent withholding under the company’s equity compensation plan. They were used to satisfy tax withholding obligations triggered by the release of restricted shares, clarifying this was a compensation-related event.