Executive VP at GENERAL DYNAMICS (GD) receives major equity grants and tax share withholding

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP Executive Vice President Danny Deep reported multiple equity compensation transactions. On March 4, 2026, he received a grant of 24,380 stock options, with half becoming exercisable on March 4, 2028 and the remainder on March 4, 2029.

He also acquired 3,125 shares of Common Stock upon settlement of performance stock units originally granted in 2023, including additional units tied to performance and accrued dividend equivalents, with no further service-based vesting required. In addition, he received 3,855 shares of restricted stock subject to service-based vesting that will be released three years after the grant date.

To cover tax withholding obligations related to the release of these performance stock units, 1,410 shares of Common Stock were disposed of at a price of $362.35 per share through share withholding, rather than an open-market sale.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Deep Danny

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	24,380	$0.00	--
Grant/Award	Common Stock	3,125	$0.00	--
Tax Withholding	Common Stock	1,410	$362.35	$511K
Grant/Award	Common Stock	3,855	$0.00	--

Holdings After Transaction: Stock Options — 24,380 shares (Direct); Common Stock — 33,289.58 shares (Direct)

Footnotes (1)

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. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Deep Danny

(Last) (First) (Middle)

C/O GENERAL DYNAMICS CORPORATION

11011 SUNSET HILLS ROAD

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GENERAL DYNAMICS CORP [ GD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		A(1)		3,125	A	$0	33,289.58	D
Common Stock	03/04/2026		F(2)		1,410	D	$362.35	31,879.58	D
Common Stock	03/04/2026		A(3)		3,855	A	$0	35,734.58	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$363.02	03/04/2026		A		24,380		(4)	03/03/2036	Common Stock	24,380	$0	24,380	D

Explanation of Responses:

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.

2. Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.

3. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.

4. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.

	Nicholas R. Barnaby, by Power of Attorney	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did GD Executive Vice President Danny Deep receive on March 4, 2026?

On March 4, 2026, Danny Deep received 24,380 stock options, 3,125 shares from settled performance stock units, and 3,855 shares of restricted stock. These awards increase his direct equity exposure to GENERAL DYNAMICS CORP over time through vesting and exercisability.

How are Danny Deep’s new stock options in GENERAL DYNAMICS (GD) scheduled to vest?

The 24,380 stock options granted to Danny Deep vest in two equal parts. Fifty percent become exercisable on March 4, 2028, and the remaining fifty percent become exercisable on March 4, 2029, creating a staggered long-term incentive structure tied to continued service.

What is the nature of the 3,125 GD common shares acquired by Danny Deep?

The 3,125 GD common shares represent performance stock units originally granted in 2023 that settled in stock. They include additional units earned for meeting performance criteria plus accrued dividend equivalents, and they require no further service-based vesting before being fully owned.

Why were 1,410 shares of GENERAL DYNAMICS (GD) common stock disposed of in this Form 4?

The 1,410 GD shares were withheld to satisfy tax withholding obligations on the release of performance stock units. This disposition, priced at $362.35 per share, reflects a tax-withholding mechanism rather than an open-market sale initiated for portfolio rebalancing or liquidity purposes.

What are the terms of the 3,855 restricted GD shares granted to Danny Deep?

The 3,855 restricted GD shares granted to Danny Deep are subject to service-based vesting. These shares are scheduled to be released three years after the grant date, aligning the executive’s long-term incentives with sustained employment and company performance over that period.

How did these March 4, 2026 transactions affect Danny Deep’s GD share holdings?

Following the reported transactions, Danny Deep directly owned 35,734.58 shares of GENERAL DYNAMICS common stock. This reflects the combination of performance share settlements, restricted stock awards, and tax-related share withholding disclosed in the Form 4 filing for that date.