General Dynamics (GD) director receives 52-share stock grant as board fees
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director Rudy F. De Leon received 52 shares of Common Stock as a grant in lieu of director fees. The stock award was valued at $354.31 per share on the grant date. Following this compensation-related acquisition, he directly holds 5,793 shares of General Dynamics common stock.
The filing describes a routine, non-market transaction made under the outside directors' compensation program, rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 52 shares
Net Buy
1 txn
Insider
DE LEON RUDY F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52 | $354.31 | $18K |
Holdings After Transaction:
Common Stock — 5,793 shares (Direct)
Footnotes (1)
- F1. Reflects stock received in lieu of director fees in accordance with outside directors' compensation program.
FAQ
What insider transaction did General Dynamics (GD) disclose for Rudy F. De Leon?
General Dynamics reported that director Rudy F. De Leon received 52 shares of Common Stock as a grant. The shares were issued under the outside directors’ compensation program, representing stock paid in lieu of traditional cash director fees.
Was the General Dynamics (GD) insider transaction an open-market buy or sale?
The transaction was not an open-market buy or sale. Rudy F. De Leon received 52 shares as a grant in lieu of director fees, meaning the shares were issued as compensation rather than purchased or sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.