Reynolds Catherine B 4
Research Summary
AI-generated summary
General Dynamics (GD) Director Catherine Reynolds Withholds 83 Shares
What Happened
- Catherine B. Reynolds, a General Dynamics Corporation (GD) director, had 83 shares withheld to satisfy tax withholding obligations related to the release of restricted shares. The withholding was recorded at $359.79 per share, for a total value of approximately $29,863. This was a tax-withholding disposition of shares, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (appears to be filed within typical 2-business-day window)
- Price per share: $359.79; Shares involved: 83; Total value: ~$29,863
- Nature of transaction: Tax withholding of shares under the company's equity compensation plan (footnote: shares withheld to satisfy tax obligations upon release of restricted shares)
- Shares owned after transaction: Not reported in this filing
- Filing timeliness: No late filing flag indicated in the record provided
Context
- This was a routine tax-withholding event tied to restricted stock vesting (a cashless-type withholding), not an independent sale signaling insider sentiment. Such withholdings are common when restricted shares vest and do not necessarily reflect a decision to liquidate additional holdings.