Longview considers selling part of 10% General Dynamics (NYSE: GD) stake
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP (GD) has a significant shareholder update from Longview Asset Management, LLC. Longview reports beneficial ownership of 27,096,788 shares of General Dynamics common stock, representing approximately 10.0% of the outstanding shares, calculated under Rule 13d-3 based on 270,557,195 shares reported as outstanding.
Longview states it will review its investment on a continuing basis and may increase or decrease its position through purchases, sales, or derivative and hedging transactions, including possible Rule 10b5-1(c) trading plans. It may elect to sell up to 12.5% of the 27,096,788 shares held as of August 28, 2026 to diversify its portfolio, and indicates these potential sales are driven by internal allocation considerations and are unrelated to matters pertaining to General Dynamics.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 27,096,788 shares of Common Stock
Ownership percentage: 10.0%
Shares outstanding: 270,557,195 shares of Common Stock
+3 more
6 metrics
Beneficial ownership
27,096,788 shares of Common Stock
Shares beneficially owned by Longview Asset Management as of August 26, 2026
Ownership percentage
10.0%
Percent of GD common stock class represented by 27,096,788 shares
Shares outstanding
270,557,195 shares of Common Stock
Issued and outstanding as of July 5, 2026, reported in GD Form 10-Q
Sole Voting Power
27,096,788 shares
Shares over which Longview has sole voting power
Sole Dispositive Power
27,096,788 shares
Shares over which Longview has sole dispositive power
Potential Sales proportion
12.5%
Maximum proportion of the 27,096,788 shares Longview may elect to sell
Key Terms
beneficially owns, Rule 13d-3, Schedule 13D, trading plan created under Rule 10b5-1(c), +1 more
5 terms
beneficially owns financial
"Longview beneficially owns 27,096,788 shares of Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Rule 13d-3 regulatory
"representing approximately 10% of the outstanding shares of Common Stock, calculated in accordance with Rule 13d-3"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
Schedule 13D regulatory
"formulate plans or proposals with respect thereto and (ii) consider or propose one or more of the actions described in subparagraphs (a) - (j) of Item 4 of"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
trading plan created under Rule 10b5-1(c) regulatory
"including through a trading plan created under Rule 10b5-1(c) or otherwise"
dispositive power financial
"Sole Dispositive Power 27,096,788.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What percentage of GENERAL DYNAMICS CORP (GD) does Longview Asset Management own?
Longview beneficially owns approximately 10.0% of GENERAL DYNAMICS CORP’s outstanding common stock, based on 270,557,195 shares issued and outstanding as of July 5, 2026.
On what information is Longview’s 10.0% ownership in GD based?
The 10.0% ownership is calculated under Rule 13d-3 using 270,557,195 GD common shares issued and outstanding as of July 5, 2026, as reported by GENERAL DYNAMICS CORP in its Quarterly Report on Form 10-Q filed July 29, 2026.
What future actions toward GENERAL DYNAMICS CORP (GD) does Longview Asset Management contemplate?
Longview may increase or decrease its GD position through purchases, sales, or transactions in equity, debt, or derivative instruments, including possible Rule 10b5-1(c) trading plans, and may consider actions described in subparagraphs (a)-(j) of Item 4 of Schedule 13D.
Who signed the Longview ownership statement for GENERAL DYNAMICS CORP (GD) and when?
The statement was signed by Aaron Rappaport, Vice President, Chief Operating Officer and Chief Compliance Officer of Longview Asset Management, with a signature date of 08/28/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
