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[Form 4] GENERAL DYNAMICS CORP Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.
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*
NOVAKOVIC PHEBE N

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
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) 46,342 A $0 815,949 D
Common Stock 03/04/2026 F(2) 20,901 D $362.35 795,048 D
Common Stock 03/04/2026 A(3) 10,470 A $0 805,518 D
Common Stock 5,899.95(4) I 401(k) Plan
Common Stock 30,000(5) I By LLC
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 66,140 (6) 03/03/2036 Common Stock 66,140 $0 66,140 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. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
5. 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.
6. 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.
General Dynamics Corp

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94.54B
268.72M
Aerospace & Defense
Ship & Boat Building & Repairing
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United States
RESTON