General Dynamics director sells 7,440 shares

The option exercises and sales each covered 7,440 shares, with every sale occurring on the exercise date.

Rhea-AI Filing Summary

General Dynamics director Robert K. Steel exercised options for 2,770, 2,190, 1,780 and 700 common shares on September 23, 2026, at exercise prices of $168.56, $232.90, $227.58 and $274.51 per share, respectively. He sold the same share amounts that day at $346.081, $346.119, from $345.97 to $346.01, and $345.824 per share, respectively. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise and Sale: 7,440 shares ($1.00M approx. pre-tax spread)

Exercise and Sale 12 txns

Insider STEEL ROBERT K

Role Director

Sold 7,440 shs ($2.57M)

Approx. gross sale proceeds $2.57M

Approx. exercise cost $1.57M

Approx. pre-tax spread $1.00M

Type	Security	Shares	Price	Value
Exercise	Stock Options F2	2,770	$0.00	$0.00
Exercise	Stock Options F3	2,190	$0.00	$0.00
Exercise	Stock Options F4	1,780	$0.00	$0.00
Exercise	Stock Options F5	700	$0.00	$0.00
Exercise	Common Stock	2,770	$168.56	$467K
Sale	Common Stock	2,770	$346.081	$959K
Exercise	Common Stock	2,190	$232.90	$510K
Sale	Common Stock	2,190	$346.119	$758K
Exercise	Common Stock	1,780	$227.58	$405K
Sale	Common Stock F1	1,780	$346.01	$616K
Exercise	Common Stock	700	$274.51	$192K
Sale	Common Stock	700	$345.824	$242K

Holdings After Transaction: Stock Options — 700 contracts (Direct); Common Stock — 3,096 shares (Direct)

Footnotes (5)

1. F1. Sale prices ranged from $345.97 to $346.01. 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.
2. F2. Fifty percent became exercisable on 03/03/2023, and the remaining fifty percent became exercisable on 03/03/2024.
3. F3. Fifty percent became exercisable on 03/02/2024, and the remaining fifty percent became exercisable on 03/02/2025.
4. F4. Fifty percent became exercisable on 03/08/2025, and the remaining fifty percent became exercisable on 03/08/2026.
5. F5. Fifty percent became exercisable on 03/06/2026, and the remaining fifty percent will become exercisable on 03/06/2027.

Key Figures

Options exercised: 7,440 common shares Exercise prices: $168.56, $232.90, $227.58 and $274.51 per share Shares sold: 7,440 shares +1 more

4 metrics

Options exercised 7,440 common shares September 23, 2026

Exercise prices $168.56, $232.90, $227.58 and $274.51 per share Applied respectively to 2,770, 2,190, 1,780 and 700 shares

Shares sold 7,440 shares September 23, 2026

Reported sale prices $346.081, $346.119, $345.97 to $346.01, and $345.824 per share Applied respectively to 2,770, 2,190, 1,780 and 700 shares

Key Terms

Stock Options, exercise price, Rule 10b5-1 plan

3 terms

Stock Options financial

"exercised options for 2,770 shares"

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.

exercise price financial

"at exercise prices of $168.56"

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.

Rule 10b5-1 plan financial

"No Rule 10b5-1 plan is reported"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GD shares did Robert K. Steel sell, and at what prices?

Robert K. Steel sold 7,440 shares on September 23, 2026. The reported sales were 2,770 shares at $346.081 per share, 2,190 at $346.119, 1,780 at prices ranging from $345.97 to $346.01, and 700 at $345.824.

Were Robert K. Steel's GD transactions reported under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/25/2026 - 03:16 PM Accepted by SEC EDGAR 09/25/2026 - 03:12 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

STEEL ROBERT K

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/23/2026		M		2,770	A	$168.56	5,866	D
Common Stock	09/23/2026		S		2,770	D	$346.081	3,096	D
Common Stock	09/23/2026		M		2,190	A	$232.9	5,286	D
Common Stock	09/23/2026		S		2,190	D	$346.119	3,096	D
Common Stock	09/23/2026		M		1,780	A	$227.58	4,876	D
Common Stock	09/23/2026		S		1,780	D	$346.01(1)	3,096	D
Common Stock	09/23/2026		M		700	A	$274.51	3,796	D
Common Stock	09/23/2026		S		700	D	$345.824	3,096	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$168.56	09/23/2026		M			2,770	(2)	03/02/2031	Common Stock	2,770	$0	0	D
Stock Options	$232.9	09/23/2026		M			2,190	(3)	03/01/2032	Common Stock	2,190	$0	0	D
Stock Options	$227.58	09/23/2026		M			1,780	(4)	03/07/2033	Common Stock	1,780	$0	0	D
Stock Options	$274.51	09/23/2026		M			700	(5)	03/05/2034	Common Stock	700	$0	700	D

Explanation of Responses:

1. Sale prices ranged from $345.97 to $346.01. 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.

2. Fifty percent became exercisable on 03/03/2023, and the remaining fifty percent became exercisable on 03/03/2024.

3. Fifty percent became exercisable on 03/02/2024, and the remaining fifty percent became exercisable on 03/02/2025.

4. Fifty percent became exercisable on 03/08/2025, and the remaining fifty percent became exercisable on 03/08/2026.

5. Fifty percent became exercisable on 03/06/2026, and the remaining fifty percent will become exercisable on 03/06/2027.

	Nicholas R. Barnaby, by Power of Attorney	09/25/2026
	** Signature of Reporting Person	Date
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)