General Dynamics (NYSE: GD) VP uses 731 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Dynamics vice president David Paddock reported a tax-related share disposition. On March 9, 2026, 731 shares of Common Stock were withheld at $359.79 per share to satisfy tax obligations tied to the release of restricted shares under the company’s equity compensation plan. After this withholding, he directly holds 38,268 shares of General Dynamics stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paddock David
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 731 | $359.79 | $263K |
Holdings After Transaction:
Common Stock — 38,268 shares (Direct)
Footnotes (1)
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FAQ
What did General Dynamics (GD) vice president David Paddock report in this Form 4?
David Paddock reported a tax-withholding disposition of 731 General Dynamics shares. The shares were withheld to cover tax obligations related to the release of restricted stock, rather than sold in an open-market transaction.
Is David Paddock’s Form 4 transaction in General Dynamics (GD) an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by General Dynamics to satisfy tax liabilities triggered by the release of restricted shares under its equity compensation plan.
What is the transaction code F in David Paddock’s General Dynamics (GD) Form 4?
Transaction code F indicates payment of an exercise price or tax liability using securities. Here, 731 General Dynamics shares were withheld to cover tax obligations associated with the release of restricted shares granted under an equity compensation plan.