Schumacher Laura J 4
Research Summary
AI-generated summary
General Dynamics (GD) Director Laura J. Schumacher Withholds 83 Shares
What Happened
- Laura J. Schumacher, a director of General Dynamics Corporation (GD), had 83 shares of common stock withheld on March 9, 2026 to satisfy tax-withholding obligations related to the release of restricted shares. The withholding was recorded at $359.79 per share, for a total of $29,863. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: March 9, 2026 — 83 shares at $359.79 each.
- Total value of shares withheld: $29,863.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — withholding of shares under General Dynamics’ equity compensation plan to satisfy tax withholding on released restricted shares.
- Filing: Form 4 filed on March 11, 2026 (appears to be within the normal filing window); no late-filing flag noted.
Context
- This was a routine tax-withholding action tied to the vesting/release of restricted stock, effectively a cashless way to cover taxes. Such withholdings are administrative and do not necessarily reflect the insider’s view on the company’s stock.