General Dynamics Corporation reported that its board of directors elected company president Danny Deep as a director, effective August 5, 2026. The board stated there is no arrangement or understanding with any other person regarding his election, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.
Deep, age 56, has been with General Dynamics for more than 20 years and became president in December 2025. His prior roles include executive vice president for Global Operations, executive vice president for Combat Systems, and president of General Dynamics Land Systems. He will not receive additional compensation for serving on the board.
General Dynamics, headquartered in Reston, Virginia, is a global aerospace and defense company with more than 120,000 employees worldwide and $52.6 billion in revenue in 2025.
GENERAL DYNAMICS vice president Christopher J. Brady exercised 6,320 stock options for common stock at an exercise price of $191.7100 per share on 2026-08-05, then sold 6,320 common shares at $383.3200 per share the same day. The option award, which became fully exercisable by 03/01/2020, is now fully exercised, and he reports 5,907.174 shares of common stock held indirectly through a 401(k) plan, including plan share activity since his last ownership report.
GENERAL DYNAMICS CORP president Danny Deep reported option-related transactions on 4 August 2026. He exercised stock options covering 11,990 shares of common stock at strike prices of $191.71 and $223.93 per share, receiving the corresponding common shares. To pay the exercise price or related tax liabilities, 4,428 and 4,565 shares of common stock were withheld at per-share prices of $380.84 and $380.74, respectively. Footnotes state these option grants became exercisable in stages between 2019 and 2021.
GENERAL DYNAMICS CORP chair and CEO Phebe N. Novakovic exercised 166,660 stock options at $165.47 on July 31, 2026, and 115,092 shares were delivered or withheld to pay the exercise price or tax obligations. She then sold 51,568 common shares on August 3 in reported sales, with sale prices disclosed in ranges from $380.575 to $384.07 per share. Indirect holdings reported include 5,926.943 shares in a 401(k) plan and 30,000 shares held by an LLC for trusts benefiting her children; the transactions were not reported as made under a Rule 10b5-1 trading plan.
General Dynamics executive Marguerite Amy Gilliland exercised stock options for 43,180 shares of Common Stock at an exercise price of $165.4700 per share on 2026-07-31, acquiring the same number of shares. She then sold 16,970 shares at $377.4420 and 26,210 shares at $378.4230 per share, with footnotes noting price ranges for each trade, and reports 822.027 shares held indirectly through a General Dynamics 401(k) plan.
General Dynamics Corporation describes a prospectus supplement dated August 4, 2026 filed with the SEC under Rule 424(b)(5) in connection with an offer to rescind the acquisition of up to 1,010,925 shares of its common stock, par value $1.00 per share. The prospectus supplement relates to the company’s automatic shelf Registration Statement on Form S-3, File No. 333-297821, filed on July 30, 2026.
The company provides a legal opinion from Gibson, Dunn & Crutcher LLP on the validity of the shares covered by the prospectus supplement as Exhibit 5.1, together with the firm’s consent as Exhibit 23.1. This opinion is incorporated by reference into the registration statement, supporting the rescission-related share treatment.