[Form 4] General Dynamics Corporation Insider Trading Activity

Rhea-AI Filing Summary

General Dynamics insider transactions: The Form 4 shows that Christopher J. Brady, Vice President, executed offsetting transactions on 08/25/2025. He exercised 8,150 stock options with an exercise price of $135.85 (derivative option exercise) which resulted in acquisition of 8,150 shares. On the same day he sold 8,150 common shares at $321.175 per share. Following these transactions the report lists 22,818 shares directly beneficially owned and an indirect holding of 5,830.802 shares in the company 401(k) plan, for the reported totals shown on the form.

Positive

• None.

Negative

• Insider sale: The reporting person sold 8,150 shares at $321.175 on 08/25/2025, reducing direct beneficial ownership from the post-exercise level to 22,818 shares.

Insights

Financial Analyst

TL;DR: Insider exercised options and sold the resulting 8,150 shares the same day; net direct holdings decline but total reported holdings remain meaningful.

The transaction on 08/25/2025 shows an option exercise at a $135.85 strike producing 8,150 shares followed by an immediate sale of those 8,150 shares at $321.175 per share. The exercise-to-sale sequence is common for option-covered sales to cover taxes or to monetize gains; the filing does not state the purpose. After the activity the reporting person holds 22,818 shares directly and an indirect balance of 5,830.802 shares in a 401(k) plan. The size of the sale equals the number of shares exercised, indicating no net increase in outstanding direct shares from the exercise alone.

Corporate Governance Expert

TL;DR: The filing documents routine option exercise and same-day disposition; it is a disclosure-compliant insider transaction without disclosed extraordinary governance implications.

The Form 4 is complete for reporting purposes: it lists the transaction codes, prices, instruments, and resulting beneficial ownership. The filing identifies the reporting person as Vice President and indicates indirect holdings through the company 401(k) plan. There are no amendments, no joint filers, and no other derivative holdings reported beyond the exercised options. From a governance compliance perspective, this is a standard Section 16 disclosure of executive share activity.

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
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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^*

Brady Christopher J

(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)
08/25/2025

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	08/25/2025		M		8,150	A	$135.85	30,968	D
Common Stock	08/25/2025		S		8,150	D	$321.175	22,818	D
Common Stock								5,830.802(1)	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	$135.85	08/25/2025		M			8,150	(2)	03/01/2026	Common Stock	8,150	$0	0	D

Explanation of Responses:

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

2. Fifty percent became exercisable on 03/02/2018, and the remaining fifty percent became exercisable on 03/02/2019.

	Nicholas R. Barnaby, by Power of Attorney	08/27/2025
	** 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 transactions did Christopher J. Brady report on the Form 4 for GD?

He exercised 8,150 stock options at an exercise price of $135.85 and sold 8,150 shares at $321.175 on 08/25/2025.

How many shares does the filing show Christopher J. Brady owns after the transactions?

The filing reports 22,818 shares directly beneficially owned and an indirect holding of 5,830.802 shares in a General Dynamics 401(k) plan.

Did the Form 4 report any derivatives remaining after the transactions?

No derivative securities are shown as remaining; the reported stock options (8,150) were exercised and converted into common shares.

When were the original option tranches exercisable according to the filing?

The filing notes that 50% of the options became exercisable on 03/02/2018 and the remaining 50% on 03/02/2019.

Who signed the Form 4 and when was it dated?

The form is signed by Nicholas R. Barnaby, by Power of Attorney, with the signature date of 08/27/2025.