General Dynamics EVP exercises 44,440 stock options
GENERAL DYNAMICS CORP Executive Vice President Robert Edward Smith reported multiple equity transactions on 2026-08-13.
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Form Type
4
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP Executive Vice President Robert Edward Smith reported multiple equity transactions on 2026-08-13. He exercised stock options covering 9,430 shares of common stock at an exercise price of $189.00 per share and 35,010 shares at $165.47 per share, each into an equal number of common shares. In related transactions, a total of 30,685 common shares were delivered or withheld for payment of exercise price or tax liability. He also reported 7,975.82 common shares held indirectly through a 401(k) Plan, which includes share activity since his prior ownership report.
Insider Trade Summary
44,440 shares exercised/converted
Exercise
7 txns
Insider
Smith Robert Edward
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F2 | 9,430 | $0.00 | $0.00 |
| Exercise | Stock Options F3 | 35,010 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,430 | $189.00 | $1.78M |
| Exercise Price or Tax Liability | Common Stock | 6,755 | $390.99 | $2.64M |
| Exercise | Common Stock | 35,010 | $165.47 | $5.79M |
| Exercise Price or Tax Liability | Common Stock | 23,930 | $390.658 | $9.35M |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Common Stock — 95,516.217 shares (Direct);
Common Stock — 7,975.82 shares (Indirect, 401(k) Plan)
Footnotes (3)
- F1. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
- F2. Fifty percent became exercisable on 09/03/2021, and the remaining fifty percent became exercisable on 09/03/2022.
- F3. Fifty percent became exercisable on 03/04/2022, and the remaining fifty percent became exercisable on 03/04/2023.
Key Figures
Options Exercised at $189.00: 9,430 shares
Options Exercised at $165.47: 35,010 shares
Total Options Exercised: 44,440 shares
+5 more
8 metrics
Options Exercised at $189.00
9,430 shares
Stock options exercised into common stock at $189.00 per share on 2026-08-13
Options Exercised at $165.47
35,010 shares
Stock options exercised into common stock at $165.47 per share on 2026-08-13
Total Options Exercised
44,440 shares
Aggregate underlying shares from derivative exercises (M-code transactions) reported
Shares for Exercise Price or Taxes
30,685 shares
Shares delivered or withheld for payment of exercise price or tax liability (F-code transactions)
F Transaction at $390.99
6,755 shares
Common shares delivered or withheld at $390.99 per share for exercise price or tax liability
F Transaction at $390.658
23,930 shares
Common shares delivered or withheld at $390.658 per share for exercise price or tax liability
Indirect 401(k) Holdings
7,975.82 shares
Common shares held indirectly through a 401(k) Plan after reported activity
Option Expiration Dates
2029-09-02 and 2030-03-03
Expiration dates for the exercised stock option grants referenced in footnotes F2 and F3
Key Terms
Stock Options, derivative security, exercise price, 401(k) Plan, +1 more
5 terms
Stock Options financial
"The security title for two derivative transactions is listed as Stock Options"
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 is 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.
exercise price financial
"F-code transactions are for payment of exercise price or tax liability"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
401(k) Plan financial
"Indirect ownership nature of ownership is reported as 401(k) Plan"
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.
exercise or conversion financial
"Transaction action is labeled derivative exercise/conversion for M-code entries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GD Executive Vice President Robert Edward Smith report in this Form 4?
Robert Edward Smith reported option exercises converting derivative positions into common stock and related share dispositions to cover exercise price or tax liability, along with an updated indirect holding balance in the company’s 401(k) Plan.
How many General Dynamics (GD) stock options did Robert Edward Smith exercise?
He exercised stock options covering a total of 44,440 underlying common shares, consisting of 9,430 shares at an exercise price of $189.00 and 35,010 shares at $165.47 per share, all on 2026-08-13.
At what prices were Robert Edward Smith’s General Dynamics (GD) options exercised?
The options were exercised at $189.00 per share for 9,430 shares, expiring 2029-09-02, and $165.47 per share for 35,010 shares, expiring 2030-03-03, converting each option into one share of GD common stock.
What are Robert Edward Smith’s reported indirect General Dynamics (GD) holdings after these transactions?
He reported indirect ownership of 7,975.82 GD common shares through a 401(k) Plan. This balance includes share activity under the General Dynamics 401(k) plan since the date of his last ownership report, according to the filing footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
