General Dynamics (NYSE: GD) director awarded stock and options
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.
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.