General Dynamics (GD) director uses 83 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP director John G. Stratton reported a small, routine share disposition related to taxes rather than an open-market trade. On the release of restricted shares under the company’s equity compensation plan, 83 shares of Common Stock were withheld at $359.79 per share to satisfy tax obligations.
After this tax-withholding event, Stratton directly holds 8,275 shares of General Dynamics common stock. Because the transaction is purely for tax settlement and not a discretionary market sale, it carries limited informational value about his view of the stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stratton John G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 83 | $359.79 | $30K |
Holdings After Transaction:
Common Stock — 8,275 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did General Dynamics (GD) director John G. Stratton report?
John G. Stratton reported a small, routine disposition of 83 General Dynamics common shares. The shares were withheld by the company to cover tax obligations arising from the release of restricted stock under its equity compensation plan, not sold on the open market.
Was the General Dynamics (GD) Form 4 filing an open-market sale by the director?
No, the Form 4 does not show an open-market sale. The 83 General Dynamics shares were withheld by the company to satisfy tax withholding obligations tied to restricted share release, making this a mechanical tax transaction rather than a discretionary sale decision.
What does transaction code "F" mean in the General Dynamics (GD) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this General Dynamics filing, it reflects shares withheld from a restricted stock release to satisfy tax obligations, rather than a traditional stock sale through the market.
Is the General Dynamics (GD) insider transaction likely to be considered routine?
Yes, the transaction appears routine because it reflects tax withholding on vested restricted shares. Such events occur automatically under equity compensation plans, using a small number of shares to cover taxes, and typically do not signal any particular change in insider sentiment.