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General Dynamics (GD) director awarded stock in lieu of cash fees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP director Nye C. Howard reported a routine equity compensation grant. On March 17, 2026, he acquired 52 shares of Common Stock at a value of $354.31 per share, received in lieu of cash director fees under the outside directors' compensation program.

After this grant, Howard directly holds 6,684 Common Stock shares. This is a non-market award rather than an open-market purchase or sale, reflecting standard board compensation paid partly in company stock.

Positive

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Negative

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SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Nye C Howard

(Last)(First)(Middle)
C/O GENERAL DYNAMICS CORPORATION
11011 SUNSET HILLS ROAD

(Street)
RESTON VIRGINIA 20190

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENERAL DYNAMICS CORP [ GD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/17/2026A(1)52A$354.316,684D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects stock received in lieu of director fees in accordance with outside directors' compensation program.
Nicholas R. Barnaby, by Power of Attorney03/19/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GENERAL DYNAMICS (GD) director Nye C. Howard report?

Nye C. Howard reported an acquisition of 52 shares of GENERAL DYNAMICS Common Stock. The shares were granted as equity compensation in lieu of director fees, reflecting standard non-cash board remuneration rather than an open-market transaction.

Was Nye C. Howard’s GENERAL DYNAMICS (GD) transaction a market purchase or sale?

The transaction was not a market purchase or sale. It was coded as a grant or award, with 52 shares received in lieu of director fees under the outside directors' compensation program, meaning no open-market trading occurred.

How many GENERAL DYNAMICS (GD) shares does Nye C. Howard hold after this Form 4?

Following the reported grant, Nye C. Howard directly holds 6,684 shares of GENERAL DYNAMICS Common Stock. This figure includes the 52 shares received as compensation in lieu of cash director fees on March 17, 2026.

At what value were the GENERAL DYNAMICS (GD) shares granted to Nye C. Howard?

The 52 Common Stock shares were valued at $354.31 per share for reporting purposes. This value is used to quantify the director fee compensation paid in stock rather than cash under the outside directors' program.

What does it mean that Nye C. Howard received GD stock in lieu of director fees?

Receiving stock in lieu of director fees means part of Nye C. Howard’s board compensation was paid in company shares instead of cash. This is a common structure in outside director compensation programs to align directors’ interests with shareholders.
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95.54B
268.72M
Aerospace & Defense
Ship & Boat Building & Repairing
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United States
RESTON