General Dynamics (GD) VP awarded stock options, PSUs and restricted shares
Rhea-AI Filing Summary
General Dynamics Vice President Christopher J. Brady reported multiple equity awards and a related tax withholding on Common Stock and Stock Options for the company.
He received a grant of 12,870 Stock Options at an exercise price of $0.0000 per share, with fifty percent becoming exercisable on 03/04/2028 and the remaining fifty percent on 03/04/2029. Brady also acquired 2,548 shares of Common Stock through performance stock units originally granted in 2023, which include additional units from achieved performance criteria and accrued dividend equivalents, with no further service-based vesting required, and 1,530 shares of restricted Common Stock subject to service-based vesting that will be released three years after the grant date.
To satisfy tax withholding obligations arising from the release of performance stock units, 1,076 shares of Common Stock were withheld, recorded as a disposition at a price of $362.35 per share. Following these direct transactions, Brady directly owned 25,820 shares of Common Stock, and he also had an indirect interest in 5,880.27 shares held in the General Dynamics 401(k) plan, reflecting share activity since his last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 12,870 | $0.00 | -- |
| Grant/Award | Common Stock | 2,548 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,076 | $362.35 | $390K |
| Grant/Award | Common Stock | 1,530 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents performance stock units (PSUs) originally granted in 2023. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock. Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.
FAQ
What equity awards did Christopher J. Brady receive from GENERAL DYNAMICS (GD)?
How are Christopher J. Brady’s new GENERAL DYNAMICS stock options structured?
What are the details of the performance stock units reported by GD’s Christopher J. Brady?
What vesting terms apply to Christopher J. Brady’s restricted GENERAL DYNAMICS stock?
How do the 401(k) plan holdings factor into Christopher J. Brady’s GD ownership?