General Dynamics (GD) director exercises 1,990 options and sells 1,990 shares
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director Peter A. Wall reported an option exercise and same‑day sale on 2026‑08‑10. He exercised 1,990 stock options for an equal number of common shares at an exercise price of $223.93 per share, fully disposing of this option grant. He then sold 1,990 common shares at $396.431 per share in an open‑market or private transaction. The exercised options, which had become fully exercisable by March 2021, now show 0 derivative shares remaining from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,990 shares ($343K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Wall Peter A
Role
Director
Sold
1,990 shs ($789K)
Approx. gross sale proceeds
$789K
Approx. exercise cost
$446K
Approx. pre-tax spread
$343K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1 | 1,990 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,990 | $223.93 | $446K |
| Sale | Common Stock | 1,990 | $396.431 | $789K |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Common Stock — 3,969 shares (Direct)
Footnotes (1)
- F1. Fifty percent became exercisable on 03/07/2020, and the remaining fifty percent became exercisable on 03/07/2021.
Key Figures
Options exercised: 1,990 shares
Option exercise price: $223.93 per share
Shares sold: 1,990 shares
+3 more
6 metrics
Options exercised
1,990 shares
Stock options exercised into common stock on 2026-08-10
Option exercise price
$223.93 per share
Conversion or exercise price for stock options
Shares sold
1,990 shares
Common stock sold on 2026-08-10
Sale price
$396.431 per share
Price for common stock sale transaction
Derivative shares remaining from grant
0 shares
Total stock options following transaction for this grant
Option expiration date
2028-03-06
Original expiration date of the exercised stock options
Key Terms
Exercise or conversion of derivative security, Stock Options, derivative security, Rule 10b5-1
4 terms
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Stock Options financial
"security_title: Stock Options reported as derivative security"
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_type: derivative, described as 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.
Rule 10b5-1 regulatory
"aff_10b5_one indicates Rule 10b5-1 trading plan status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GENERAL DYNAMICS (GD) director Peter A. Wall report in this Form 4?
Peter A. Wall reported exercising 1,990 stock options at $223.93 per share and selling 1,990 common shares at $396.431 per share on 2026‑08‑10, fully disposing of this specific option grant.
How many GENERAL DYNAMICS (GD) options did Peter A. Wall exercise and at what price?
He exercised 1,990 stock options for GD common stock at an exercise price of $223.93 per share. These options had previously become exercisable in two tranches in 2020 and 2021 according to the footnote.
Was this GENERAL DYNAMICS (GD) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5‑1 checkbox is not checked (aff_10b5_one is false), indicating the transactions were not affirmed as conducted under a Rule 10b5‑1 trading plan in this report.
What happened to Peter A. Wall’s exercised GENERAL DYNAMICS (GD) options after these transactions?
Following the exercise of 1,990 stock options, the reported derivative position from this grant shows 0 shares remaining. The entire grant tied to this exercise was fully disposed of in the Form 4 data.