GD Director Boosts Stake: What Reynolds' Stock Acquisition Signals for Investors

Rhea-AI Filing Summary

General Dynamics director Catherine B. Reynolds reported insider trading activity on June 17, 2025. The transaction involved the acquisition of 111 shares of common stock at $281.11 per share as part of the company's outside directors' compensation program.

Following the transaction, Reynolds' direct ownership increased to 6,843 shares of common stock. Additionally, she has indirect beneficial ownership of 600 shares held by her spouse. The Form 4 filing was submitted by Nicholas R. Barnaby through power of attorney on June 20, 2025.

This routine transaction reflects standard board compensation practices where directors receive company stock in lieu of cash fees. No derivative securities were involved in this transaction.

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^*

Reynolds Catherine B

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

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	06/17/2025		A(1)		111	A	$281.11	6,843	D
Common Stock								600	I	Held by Spouse

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. Reflects stock received in lieu of director fees in accordance with outside directors' compensation program.

	Nicholas R. Barnaby, by Power of Attorney	06/20/2025
	** 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

How many GD shares did director Catherine Reynolds acquire on June 17, 2025?

Director Catherine Reynolds acquired 111 shares of GD common stock on June 17, 2025 at a price of $281.11 per share.

What was the purpose of Catherine Reynolds' GD stock acquisition in June 2025?

The stock acquisition was made in lieu of director fees, as part of General Dynamics' outside directors' compensation program.

How many total GD shares does Catherine Reynolds own after the June 2025 transaction?

Following the transaction, Catherine Reynolds owns 6,843 shares directly and an additional 600 shares indirectly through shares held by her spouse, for a total beneficial ownership of 7,443 shares.

Who filed the Form 4 for Catherine Reynolds' GD stock transaction?

The Form 4 was filed by Nicholas R. Barnaby through Power of Attorney on June 20, 2025, reporting the transaction that occurred on June 17, 2025.

What is Catherine Reynolds' role at General Dynamics (GD)?

Catherine Reynolds serves as a Director on General Dynamics' Board, as indicated by the 'X' marked in the Director box on the Form 4 filing.