STOCK TITAN

General Dynamics (GD) EVP logs tax-related share withholding, retains large stake

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

Rhea-AI Filing Summary

GENERAL DYNAMICS CORP Executive Vice President Robert Edward Smith reported a tax-related share withholding tied to equity compensation. On the transaction date, 1,466 shares of Common Stock were withheld at a price of $359.79 per share to cover tax obligations from the release of restricted shares. This was not an open-market sale, but a payment of tax liability using shares under the company’s equity compensation plan. After this event, Smith held 81,761.217 shares directly and 7,908.600 shares indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.

Insights

Routine tax withholding on vested shares; no open-market selling.

The filing shows 1,466 General Dynamics Common Stock shares withheld at $359.79 each to satisfy tax obligations from the release of restricted shares. This is a standard mechanism in equity compensation, classified as a tax-withholding disposition rather than a discretionary sale.

Because the shares cover taxes on vested awards, the transaction carries little signaling value about the insider’s view of the stock. Smith continues to hold 81,761.217 shares directly and 7,908.600 through a 401(k) plan, indicating a substantial ongoing equity stake.

Insider Smith Robert Edward
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 1,466 $359.79 $527K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 81,761.217 shares (Direct); Common Stock — 7,908.6 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Represents the withholding of shares of Common Stock under the General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations in connection with the release of restricted shares. Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
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*
Smith Robert Edward

(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)
03/09/2026
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 03/09/2026 F(1) 1,466 D $359.79 81,761.217 D
Common Stock 7,908.6(2) 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
Explanation of Responses:
1. Represents the withholding of shares of Common Stock under the General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations in connection with the release of restricted shares.
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 03/11/2026
** 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 General Dynamics (GD) report for Robert Edward Smith?

General Dynamics reported that Executive Vice President Robert Edward Smith had 1,466 Common Stock shares withheld at $359.79 each to cover tax obligations arising from the release of restricted shares, a standard equity compensation-related tax-withholding transaction rather than an open-market trade.

Was the General Dynamics (GD) Form 4 transaction an open-market stock sale?

No, the Form 4 transaction was not an open-market sale. It reflects 1,466 shares of General Dynamics Common Stock withheld to satisfy tax liabilities tied to restricted share vesting under the company’s equity compensation plan, a routine administrative disposition for tax purposes.

How many General Dynamics (GD) shares does Robert Edward Smith hold after the Form 4?

After the reported transaction, Robert Edward Smith holds 81,761.217 General Dynamics Common Stock shares directly and an additional 7,908.600 shares indirectly through a 401(k) plan, indicating a continued significant equity position even after the tax-withholding share disposition recorded on the Form 4.

What does the 1,466-share withholding mean for General Dynamics (GD) investors?

The 1,466-share withholding represents taxes paid in stock on vested restricted shares, not a proactive sale by the executive. For investors, this generally signals routine equity compensation administration and does not typically indicate a change in the insider’s confidence or investment thesis.

How is the 401(k) plan referenced in the General Dynamics (GD) Form 4?

The Form 4 notes 7,908.600 shares held indirectly through a General Dynamics 401(k) plan, with footnotes explaining that this includes share activity since the last ownership report. These plan holdings are separate from Smith’s 81,761.217 directly held shares of Common Stock.