General Dynamics (NYSE: GD) president exercises 11,990 stock options
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP president Danny Deep reported option-related transactions on 4 August 2026. He exercised stock options covering 11,990 shares of common stock at strike prices of $191.71 and $223.93 per share, receiving the corresponding common shares. To pay the exercise price or related tax liabilities, 4,428 and 4,565 shares of common stock were withheld at per-share prices of $380.84 and $380.74, respectively. Footnotes state these option grants became exercisable in stages between 2019 and 2021.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,997 shares
Net Buy
6 txns
Insider
Deep Danny
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1 | 6,090 | $0.00 | $0.00 |
| Exercise | Stock Options F2 | 5,900 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,090 | $191.71 | $1.17M |
| Exercise Price or Tax Liability | Common Stock | 4,428 | $380.84 | $1.69M |
| Exercise | Common Stock | 5,900 | $223.93 | $1.32M |
| Exercise Price or Tax Liability | Common Stock | 4,565 | $380.74 | $1.74M |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Common Stock — 37,547.58 shares (Direct)
Footnotes (2)
- F1. Fifty percent became exercisable on 03/01/2019, and the remaining fifty percent became exercisable on 03/01/2020.
- F2. Fifty percent became exercisable on 03/07/2020 and the remaining fifty percent became exercisable on 03/07/2021.
Key Figures
Options exercised: 11,990 shares
Exercise price 1: $191.71 per share
Exercise price 2: $223.93 per share
+4 more
7 metrics
Options exercised
11,990 shares
Total derivative shares exercised on 2026-08-04
Exercise price 1
$191.71 per share
Strike price of first stock option series exercised
Exercise price 2
$223.93 per share
Strike price of second stock option series exercised
Shares withheld 1
4,428 shares
Common shares withheld under code F at $380.84
Withholding price 1
$380.84 per share
Per-share price for 4,428-share tax/exercise withholding
Shares withheld 2
4,565 shares
Common shares withheld under code F at $380.74
Withholding price 2
$380.74 per share
Per-share price for 4,565-share tax/exercise withholding
Key Terms
Exercise or conversion of derivative security, exercise-price-or-tax-liability disposition, Stock Options
3 terms
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
exercise-price-or-tax-liability disposition financial
"transaction_action: "exercise-price-or-tax-liability disposition""
Stock Options financial
"security_title: "Stock Options" for derivative transactions"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did GENERAL DYNAMICS CORP (GD) report for Danny Deep?
Danny Deep, president of GENERAL DYNAMICS CORP, exercised stock options for 11,990 common shares on 4 August 2026 and had 8,993 shares withheld to cover the option exercise price or related tax liabilities.
How many General Dynamics (GD) options did Danny Deep exercise and at what prices?
Danny Deep exercised options for 11,990 shares of General Dynamics common stock at strike prices of $191.71 and $223.93 per share, converting these derivative awards into directly held common shares.
What do the code F transactions mean in the General Dynamics (GD) Form 4?
The code F entries report that 4,428 and 4,565 General Dynamics shares were disposed of by withholding at about $380.84 and $380.74 per share to pay the option exercise price or associated tax liabilities.
When did the General Dynamics (GD) options exercised by Danny Deep become exercisable?
Footnotes state that one option grant became exercisable 50% on 03/01/2019 and 50% on 03/01/2020, and the other 50% on 03/07/2020 and 50% on 03/07/2021, before their eventual exercise in August 2026.