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General Dynamics (NYSE: GD) director awarded stock and options

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

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP director Robert K. Steel reported equity awards. On 03/04/2026 he acquired 270 shares of common stock as restricted stock, bringing his direct holdings to 3,096 shares. The restricted stock will vest three years after the grant date.

He was also granted stock options for 1,120 shares at a grant price of $0.00. According to the award terms, 50% of these options become exercisable on 03/04/2028 and the remaining 50% on 03/04/2029.

Positive

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Negative

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Insider STEEL ROBERT K
Role Director
Type Security Shares Price Value
Grant/Award Stock Options 1,120 $0.00 --
Grant/Award Common Stock 270 $0.00 --
Holdings After Transaction: Stock Options — 1,120 shares (Direct); Common Stock — 3,096 shares (Direct)
Footnotes (1)
  1. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date. Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.
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*
STEEL ROBERT K

(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
Officer (give title below) Other (specify below)
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) 270 A $0 3,096 D
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 1,120 (2) 03/03/2036 Common Stock 1,120 $0 1,120 D
Explanation of Responses:
1. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
2. 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.

FAQ

What insider transaction did Robert K. Steel report at GENERAL DYNAMICS (GD)?

Robert K. Steel, a director of GENERAL DYNAMICS CORP, reported receiving equity awards. He was granted 270 restricted common shares and options for 1,120 shares on 03/04/2026, increasing his direct common stock holdings to 3,096 shares after the transaction.

How many General Dynamics (GD) shares does Robert K. Steel hold after this Form 4?

After the reported award, Robert K. Steel directly holds 3,096 shares of GENERAL DYNAMICS CORP common stock. This reflects the addition of 270 restricted shares granted on 03/04/2026, which are subject to service-based vesting conditions over a three-year period.

What are the terms of the restricted stock granted to Robert K. Steel at GD?

The grant to Robert K. Steel includes 270 shares of restricted common stock. These shares are subject to service-based vesting and will be released three years after the 03/04/2026 grant date, meaning he must satisfy continued service conditions for the full vesting period.

What stock options did Robert K. Steel receive from GENERAL DYNAMICS (GD)?

Robert K. Steel received stock options covering 1,120 shares of GENERAL DYNAMICS CORP common stock. The options were granted at a price of $0.00 per share, with 50% becoming exercisable on 03/04/2028 and the remaining 50% on 03/04/2029, subject to award terms.

When do Robert K. Steel’s General Dynamics stock options vest and become exercisable?

His 1,120 stock options vest in two equal tranches. According to the grant terms, 50% of the options become exercisable on 03/04/2028, and the remaining 50% become exercisable on 03/04/2029, creating a staggered vesting schedule over several years.

Is Robert K. Steel’s Form 4 at GENERAL DYNAMICS (GD) a purchase or an award?

The Form 4 reflects award-type acquisitions rather than market purchases. Both the 270 restricted common shares and the 1,120 stock options are categorized as grants or awards, with a reported price of $0.00 per share and service-based vesting or exercisability conditions.
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