Phebe N. Novakovic - Mar 4, 2025 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Chairman and CEO, Director
Signature
Nicholas R. Barnaby, by Power of Attorney
Stock symbol
GD
Transactions as of
Mar 4, 2025
Transactions value $
-$13,960,511
Form type
4
Date filed
3/6/2025, 04:45 PM
Previous filing
Mar 5, 2025
Next filing
Apr 2, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GD Common Stock Award $0 +46.7K +6.12% $0.00 810K Mar 4, 2025 Direct F1
transaction GD Common Stock Tax liability -$5.35M -21.1K -2.6% $253.95 789K Mar 4, 2025 Direct F2
transaction GD Common Stock Award $0 +13.5K +1.71% $0.00 802K Mar 5, 2025 Direct F3
transaction GD Common Stock Sale -$8.61M -32.7K -4.08% $263.48 770K Mar 5, 2025 Direct F4
holding GD Common Stock 5.79K Mar 4, 2025 401(k) Plan F5
holding GD Common Stock 30K Mar 4, 2025 By LLC F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GD Stock Options Award $0 +84.2K $0.00 84.2K Mar 5, 2025 Common Stock 84.2K $257.55 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units (PSUs) originally granted in 2022. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock.
F2 Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.
F3 Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
F4 Sale prices ranged from $263.01 to $263.99. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
F5 Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
F6 Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children.
F7 Fifty percent become exercisable on 03/05/2027 and the remaining fifty percent become exercisable on 03/05/2028.