General Dynamics (GD) director receives 52-share stock grant as board fees
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
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)
- [object Object]
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.