General Dynamics EVP exercises options, sells shares
General Dynamics executive Marguerite Amy Gilliland exercised stock options for 43,180 shares of Common Stock at an exercise price of $165.4700 per share on 2026-07-31, acquiring the same number of shares.
Rhea-AI Filing Summary
General Dynamics executive Marguerite Amy Gilliland exercised stock options for 43,180 shares of Common Stock at an exercise price of $165.4700 per share on 2026-07-31, acquiring the same number of shares. She then sold 16,970 shares at $377.4420 and 26,210 shares at $378.4230 per share, with footnotes noting price ranges for each trade, and reports 822.027 shares held indirectly through a General Dynamics 401(k) plan.
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Insider Trade Summary
Exercise and Sale: 43,180 shares ($9.18M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Gilliland Marguerite Amy
Role
Executive Vice President
Sold
43,180 shs ($16.32M)
Approx. gross sale proceeds
$16.32M
Approx. exercise cost
$7.14M
Approx. pre-tax spread
$9.18M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F4 | 43,180 | $0.00 | $0.00 |
| Exercise | Common Stock | 43,180 | $165.47 | $7.14M |
| Sale | Common Stock F1 | 16,970 | $377.442 | $6.41M |
| Sale | Common Stock F2 | 26,210 | $378.423 | $9.92M |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Common Stock — 44,767 shares (Direct);
Common Stock — 822.027 shares (Indirect, 401(k) Plan)
Footnotes (4)
- F1. Sale prices ranged from $376.825 to $377.735. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
- F2. Sale prices ranged from $377.845 to $378.70. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
- F3. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
- F4. Fifty percent became exercisable on 03/04/2022, and the remaining fifty percent became exercisable on 03/04/2023.
Key Figures
Options exercised: 43,180 shares
Exercise price: $165.4700 per share
Shares sold (tranche 1): 16,970 shares
+4 more
7 metrics
Options exercised
43,180 shares
Stock options for General Dynamics Common Stock exercised on 2026-07-31
Exercise price
$165.4700 per share
Conversion or exercise price of stock options exercised by Marguerite Amy Gilliland
Shares sold (tranche 1)
16,970 shares
Common Stock sold at $377.4420 per share on 2026-07-31; footnote describes a price range
Sale price (tranche 1)
$377.4420 per share
Per-share price for 16,970 shares; footnote notes sale prices ranged from $376.825 to $377.735
Shares sold (tranche 2)
26,210 shares
Common Stock sold at $378.4230 per share on 2026-07-31; footnote describes a price range
Sale price (tranche 2)
$378.4230 per share
Per-share price for 26,210 shares; footnote notes sale prices ranged from $377.845 to $378.70
Indirect 401(k) holdings
822.027 shares
Indirect General Dynamics Common Stock holdings in the company 401(k) plan after reported activity
Key Terms
Stock Options, derivative security, 401(k) plan, open market or private transaction
4 terms
Stock Options financial
"Security title reported as Stock Options, a derivative on Common Stock."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
derivative security financial
"Transaction code M described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
401(k) plan financial
"Includes share activity under General Dynamics 401(k) plan since last ownership report."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
open market or private transaction financial
"Transaction code S described as Sale in open market or private transaction."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did General Dynamics (GD) report for Marguerite Amy Gilliland?
Marguerite Amy Gilliland exercised 43,180 stock options for General Dynamics Common Stock and then sold 43,180 shares in two open-market transactions. She also reports 822.027 shares held indirectly in a General Dynamics 401(k) plan after these transactions.
How many General Dynamics (GD) stock options did Marguerite Gilliland exercise?
Marguerite Gilliland exercised 43,180 stock options, converting them into an equal number of General Dynamics Common Stock shares at an exercise price of $165.4700 per share on 2026-07-31. All 43,180 option shares were reported as fully exercised in this transaction.
Were Marguerite Gilliland’s General Dynamics (GD) trades made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes describe pricing ranges and plan activity but do not mention any Rule 10b5-1 trading plan. The report therefore does not identify these transactions as executed under such a plan.
What type of derivative security did Marguerite Gilliland exercise at General Dynamics (GD)?
Gilliland exercised Stock Options covering 43,180 shares of General Dynamics Common Stock, reported as an exercise or conversion of a derivative security with an exercise price of $165.4700 per share and an original option expiration date of 2030-03-03.
AI-generated analysis. How Rhea-AI works. Not financial advice.
