4Filed Aug 5, 8:00 PM ET
General Dynamics (GD) VP Christopher J. Brady Exercises Options, Sells 6,320 Shares
$GD · GENERAL DYNAMICS CORPResearch Summary
AI-generated summary of this SEC filing
General Dynamics (GD) VP Christopher J. Brady Exercises Options, Sells 6,320 Shares
What Happened
- Christopher J. Brady, Vice President at General Dynamics (GD), exercised stock options to acquire 6,320 shares at an exercise price of $191.71 per share (total cost $1,211,607) and sold those 6,320 shares in an open-market transaction at $383.32 per share for proceeds of $2,422,582 on 2026-08-05. The filings also report the derivative (the option) being converted/removed as part of the exercise. Net proceeds before taxes and fees are roughly $1.21M.
Key Details
- Transaction date: 2026-08-05; Form 4 filed 2026-08-06 (timely).
- Exercise detail (code M): 6,320 shares acquired at $191.71 = $1,211,607.
- Sale detail (code S): 6,320 shares sold at $383.32 = $2,422,582.
- Derivative disposition: same 6,320 derivative units reported disposed at $0 (reflects conversion on exercise).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 notes inclusion of activity under the General Dynamics 401(k) plan since the last report; F2 shows the options vested 50% on 03/01/2019 and 50% on 03/01/2020.
Context
- This is a common "exercise-and-sell" (cashless exercise) pattern where an insider exercises vested options and immediately sells the resulting shares; it is routine and does not necessarily signal a change in view on the company.
- The vesting dates indicate the options were already vested (not newly granted).