General Dynamics (NYSE: GD) VP receives major stock awards and options

Rhea-AI Filing Summary

General Dynamics Vice President Mark Rayha reported multiple equity compensation transactions. He received stock options for 19,950 shares at an exercise price of $0.0000 per share, with half becoming exercisable on 03/04/2028 and the remaining half on 03/04/2029.

Rayha also acquired 672 shares of common stock from performance stock units originally granted in 2023, plus accrued dividend equivalents, and 2,370 shares of restricted stock that will vest after three years. To cover tax withholding on the PSU release, 312 shares of common stock were withheld at $362.35 per share. The filing also notes updated holdings through the General Dynamics 401(k) plan.

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

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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^*

Rayha Mark

(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)
	Vice President

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)		672	A	$0	8,608	D
Common Stock	03/04/2026		F(2)		312	D	$362.35	8,296	D
Common Stock	03/04/2026		A(3)		2,370	A	$0	10,666	D
Common Stock								2,879.62(4)	I	401(k) Plan

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		19,950		(5)	03/03/2036	Common Stock	19,950	$0	19,950	D

Explanation of Responses:

1. Represents performance stock units (PSUs) originally granted in 2023. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock.

2. Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.

3. Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.

4. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.

5. 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.
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FAQ

What equity awards did General Dynamics (GD) VP Mark Rayha receive?

Mark Rayha received stock options on 19,950 shares and new common stock awards. He acquired 672 shares from 2023 performance stock units and 2,370 shares of restricted stock that will vest after three years of service-based requirements.

How and when do Mark Rayha’s new General Dynamics stock options vest?

Rayha’s 19,950 stock options vest in two equal tranches. Fifty percent become exercisable on March 4, 2028, and the remaining fifty percent become exercisable on March 4, 2029, as described in the Form 4 footnotes.

Were any General Dynamics shares sold by Mark Rayha in this Form 4 filing?

The filing shows 312 shares of General Dynamics common stock were disposed of to satisfy tax withholding on released performance stock units. This tax-withholding disposition is not an open-market sale but shares withheld under the company’s equity compensation plan.

What are the performance stock units (PSUs) reported for General Dynamics VP Mark Rayha?

The PSUs were originally granted in 2023 and have now fully vested. Additional units were issued upon achievement of performance criteria, plus accrued dividend equivalents, and are settled in General Dynamics common stock with no further service-based vesting required.

What restricted stock did Mark Rayha report in General Dynamics (GD) stock?

Rayha reported 2,370 shares of restricted General Dynamics common stock. These shares are subject to service-based vesting and will be released three years after the grant date, assuming the continued service conditions are satisfied over that period.

How is Mark Rayha’s General Dynamics 401(k) plan reflected in this Form 4?

The filing includes indirect ownership through the General Dynamics 401(k) plan. It notes that the reported 401(k) holdings reflect share activity in the plan since the date of Rayha’s last ownership report, capturing ongoing contributions and plan-related share movements.