DE LEON RUDY F 4

What Happened Rudy F. De Leon, a Director of General Dynamics (GD), was granted awards on 2026-03-04: 270 restricted shares and 1,120 derivative shares. Both grants were reported at $0.00 per share (no cash paid). The restricted shares are service-vested; the derivative award has staged exercisability dates.

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (appears timely).
• Grants: 270 restricted shares (grant price $0.00) and 1,120 derivative shares (grant price $0.00).
• Footnote F1: The 270 restricted shares are subject to service-based vesting and will be released three years after the grant date.
• Footnote F2: The 1,120 derivative shares become exercisable 50% on 03/04/2028 and 50% on 03/04/2029.
• Shares owned after the transaction: Not specified in the filing.
• No indication of a 10b5-1 plan, tax withholding, cash sale, or other offsetting sale reported.

Context These entries are awards/grants (non-cash acquisitions) rather than open-market purchases or sales. Restricted shares and derivative/option-like awards are common components of director compensation and vest over time; they do not represent immediate stock purchases or sales and should be interpreted as future potential equity once vesting/exercise conditions are met.