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General Dynamics (NYSE: GD) EVP sells 10,153 shares but keeps large stake

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

Rhea-AI Filing Summary

General Dynamics Executive Vice President Mark Lagrand Burns reported an open-market sale of 10,153 shares of common stock on 2026-03-11 at an average price of $354.952 per share. A footnote states sale prices ranged from $354.94 to $355.16.

Following the sale, he holds 38,975.154 shares directly. He also has indirect holdings of 1,242.490 shares through a General Dynamics 401(k) plan and 33,670.000 shares held by a trust, indicating he retains a substantial equity position in the company.

Positive

  • None.

Negative

  • None.
Insider Burns Mark Lagrand
Role Executive Vice President
Sold 10,153 shs ($3.60M)
Type Security Shares Price Value
Sale Common Stock 10,153 $354.952 $3.60M
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 38,975.154 shares (Direct); Common Stock — 1,242.49 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Sale prices ranged from $354.94 to $355.16. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
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Form 4 Insider Transactions: What Each Field Means →
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*
Burns Mark Lagrand
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
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 03/11/2026 S 10,153 D $354.952(1) 38,975.154 D
Common Stock 1,242.49(2) I 401(k) Plan
Common Stock 33,670 I By Trust
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
Explanation of Responses:
1. Sale prices ranged from $354.94 to $355.16. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
2. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
Nicholas R. Barnaby, by Power of Attorney 03/13/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did General Dynamics (GD) report for Mark Lagrand Burns?

General Dynamics Executive Vice President Mark Lagrand Burns reported selling 10,153 shares of common stock in an open-market transaction on March 11, 2026. The filing classifies this as a sale, reflecting an active disposition of shares at market prices on that date.

At what prices did the General Dynamics (GD) insider shares sell?

The 10,153 General Dynamics shares sold by Mark Lagrand Burns carried an average reported price of $354.952 per share. A footnote explains that individual sale prices ranged from $354.94 to $355.16, reflecting multiple trades within a narrow intraday band.

How many General Dynamics (GD) shares does Mark Lagrand Burns hold after the sale?

After the March 11, 2026 transaction, Mark Lagrand Burns holds 38,975.154 General Dynamics shares directly. In addition, he has 1,242.490 shares indirectly through a 401(k) plan and 33,670.000 shares held by a trust, according to the reported ownership details.

What type of transaction was reported in the General Dynamics (GD) Form 4?

The Form 4 lists the main transaction as an open-market sale of common stock, coded “S” and described as a sale in open market or private transaction. It is categorized as a non-derivative transaction involving directly owned shares of General Dynamics.

Does the General Dynamics (GD) insider filing show any derivative exercises or option activity?

The insider filing shows no derivative transactions or option exercises for Mark Lagrand Burns. The derivativeSummary is empty, and the only reported transaction affecting his position is the open-market sale of 10,153 non-derivative common shares on March 11, 2026.

How are Mark Lagrand Burns’s indirect General Dynamics (GD) holdings structured?

The filing shows two indirect holdings for Mark Lagrand Burns: 1,242.490 General Dynamics shares held through a 401(k) plan and 33,670.000 shares held by a trust. Both are reported as indirect ownership, separate from his directly owned common shares.