General Dynamics (NYSE: GD) VP reports 492-share tax withholding on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Dynamics Vice President and Controller William A. Moss reported a routine tax-related share disposition. On the release of restricted shares, 492 shares of Common Stock were withheld at $359.79 per share to cover tax obligations under the company’s equity compensation plan. After this, he holds 14,986 shares directly and 1,276.06 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Moss William A
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 492 | $359.79 | $177K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,986 shares (Direct);
Common Stock — 1,276.06 shares (Indirect, 401(k) Plan)
Footnotes (1)
- 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. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
FAQ
What insider transaction did William A. Moss report at General Dynamics (GD)?
William A. Moss reported a tax-withholding disposition of 492 General Dynamics Common Stock shares. The shares were withheld to satisfy tax obligations triggered by the release of restricted shares under the company’s equity compensation plan, rather than sold in an open-market transaction.
Was the General Dynamics (GD) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 492 shares were withheld by General Dynamics to satisfy tax obligations tied to the release of restricted shares, a common administrative mechanism reflected by transaction code F on the Form 4.
How are 401(k) holdings for William A. Moss reported in the GD Form 4?
The Form 4 lists 1,276.06 General Dynamics shares held indirectly in a 401(k) plan. A footnote explains this figure includes share activity in the General Dynamics 401(k) plan since the reporting person’s last ownership report, summarizing current retirement-plan holdings.