General Dynamics (GD) CFO exercises 28,300 options and withholds shares for costs
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP Senior Vice President & CFO Kimberly A. Kuryea exercised 28,300 stock options for an equal number of common shares at an exercise price of $223.93 per share. On the same date, 21,557 common shares were delivered or withheld at $395.59 per share for payment of exercise price or tax liability. The exercised option award for 28,300 shares, which was fully exercisable between 2020 and 2021, now shows 0 derivative shares remaining. An additional 1,000 common shares are reported as held indirectly, described as Held by Spouse. The filing’s Rule 10b5-1 checkbox is marked as not pursuant to a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,743 shares
Net Buy
4 txns
Insider
Kuryea Kimberly A
Role
Senior Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1 | 28,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,300 | $223.93 | $6.34M |
| Exercise Price or Tax Liability | Common Stock | 21,557 | $395.59 | $8.53M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Common Stock — 93,824 shares (Direct);
Common Stock — 1,000 shares (Indirect, Held by Spouse)
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: 28,300 shares
Option Exercise Price: $223.93 per share
Shares Delivered/Withheld (Code F): 21,557 shares
+3 more
6 metrics
Options Exercised
28,300 shares
Stock options exercised into common stock on 2026-08-10
Option Exercise Price
$223.93 per share
Exercise price for 28,300 stock options expiring 2028-03-06
Shares Delivered/Withheld (Code F)
21,557 shares
Common shares delivered or withheld for exercise price or tax liability
Code F Price
$395.59 per share
Per-share value for 21,557 common shares in Code F transaction
Indirect Spousal Holding
1,000 shares
Common stock held indirectly, described as Held by Spouse
Option Expiration
2028-03-06
Expiration date of the 28,300-share stock option award
Key Terms
Stock Options, exercise price, Code F, Held by Spouse
4 terms
Stock Options financial
"security_title: Stock Options with an exercise price of $223.93 per share"
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
"conversion_or_exercise_price of $223.9300 is the option exercise price"
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.
Code F financial
"transaction_code F indicates payment of exercise price or tax liability"
Held by Spouse financial
"nature_of_ownership is disclosed as Held by Spouse for 1,000 shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GD executive Kimberly Kuryea report in this Form 4?
Kimberly A. Kuryea, Senior Vice President & CFO of GENERAL DYNAMICS CORP (GD), reported exercising 28,300 stock options at $223.93 per share and receiving an equal number of common shares, with part of the shares delivered or withheld to cover costs.
How many General Dynamics (GD) options did the CFO exercise and at what price?
The CFO exercised 28,300 stock options of GENERAL DYNAMICS CORP common stock at an exercise price of $223.93 per share. These options were fully exercisable by 2021 and are now reported with 0 derivative shares remaining after the transaction.
What is the Code F transaction reported by GD’s CFO on this Form 4?
The Form 4 shows a Code F transaction where 21,557 common shares were delivered or withheld at $395.59 per share. This is reported as payment of the exercise price or tax liability related to the option exercise, not as an open-market sale.
Were the General Dynamics (GD) Form 4 transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is marked negative, indicating the reported transactions were not made pursuant to a Rule 10b5-1 trading plan. The timing is therefore not described as pre-arranged under such a plan.
What were the key dates and terms of the GD stock options exercised by the CFO?
The exercised stock options for 28,300 shares had an exercise price of $223.93 and an expiration date of 2028-03-06. A footnote states that 50% became exercisable on 03/07/2020 and the remaining 50% on 03/07/2021.