Director C. Howard Nye gets equity awards at General Dynamics (NYSE: GD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nye C Howard reported acquisition or exercise transactions in this Form 4 filing.
General Dynamics director C. Howard Nye reported equity awards on General Dynamics common stock and stock options. On 03/04/2026, he was granted 1,120 stock options at a price of $0.00 per share and 270 shares of restricted common stock.
The restricted stock is subject to service-based vesting and will be released three years after the grant date. Half of the stock options become exercisable on 03/04/2028 and the remaining half on 03/04/2029. Following these awards, his directly owned common stock holdings total 6,715 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nye C Howard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 1,120 | $0.00 | -- |
| Grant/Award | Common Stock | 270 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 1,120 shares (Direct);
Common Stock — 6,715 shares (Direct)
Footnotes (1)
- 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.
FAQ
What transactions did General Dynamics (GD) director C. Howard Nye report on this Form 4?
C. Howard Nye reported receiving equity awards, not open-market trades. He was granted 1,120 stock options and 270 shares of restricted common stock on 03/04/2026 as part of his compensation, with no cash purchase involved.
How many stock options did C. Howard Nye acquire from General Dynamics (GD)?
He acquired 1,120 stock options as a grant. These options carry an exercise schedule where 50% become exercisable on 03/04/2028 and the remaining 50% on 03/04/2029, reflecting a multi-year incentive structure tied to continued service.
What restricted stock award did C. Howard Nye receive from General Dynamics (GD)?
He received 270 shares of restricted common stock in a service-based award. According to the disclosure, these restricted shares will be released three years after the 03/04/2026 grant date, assuming the vesting conditions based on continued service are satisfied.
What is C. Howard Nye’s direct common stock ownership in General Dynamics (GD) after this filing?
After the reported grant, his direct ownership in General Dynamics common stock is 6,715 shares. This figure reflects his holdings following the 270-share restricted stock award and helps indicate the scale of his equity stake as a company director.
When will C. Howard Nye’s General Dynamics (GD) equity awards vest or become exercisable?
The restricted stock will be released three years after the 03/04/2026 grant date. For the stock options, 50% become exercisable on 03/04/2028 and the remaining 50% on 03/04/2029, creating a staggered vesting schedule over several years.