[Form 4] GENERAL DYNAMICS CORP Insider Trading Activity
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP Chair and CEO Phebe N. Novakovic reported multiple equity awards and related tax withholding transactions. On March 4, 2026, she received 66,140 stock options, with fifty percent becoming exercisable on March 4, 2028 and the remainder on March 4, 2029.
She also acquired 46,342 shares of common stock through performance stock units originally granted in 2023, including additional units from performance achievement and accrued dividend equivalents, with no further service-based vesting required. In addition, she received 10,470 shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
To satisfy tax withholding obligations on the release of performance stock units, 20,901 shares of common stock were withheld at $362.35 per share. After these transactions, she directly owned 805,518 common shares, with additional indirect holdings of 5,899.95 shares in the General Dynamics 401(k) plan and 30,000 shares held by a limited liability company whose members are trusts for her children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 66,140 | $0.00 | -- |
| Grant/Award | Common Stock | 46,342 | $0.00 | -- |
| Tax Withholding | Common Stock | 20,901 | $362.35 | $7.57M |
| Grant/Award | Common Stock | 10,470 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| 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. Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.