General Dynamics (NYSE: GD) VP uses 731 shares for tax withholding
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
Net Seller: 731 shares
Net Sell
1 txn
Insider
Paddock David
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 731 | $359.79 | $263K |
Holdings After Transaction:
Common Stock — 38,268 shares (Direct)
Footnotes (1)
- F1. Represents the withholding of shares of Common Stock under the General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations in connection with the release of restricted shares.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.