Stratton John G 4
Research Summary
AI-generated summary
General Dynamics (GD) Director John G. Stratton Receives Stock Award
What Happened John G. Stratton, a director of General Dynamics (GD), was granted a total of 1,390 shares on 2026-03-04 consisting of 270 restricted shares and 1,120 derivative units. Both grants were reported at $0.00 per share (award/compensation), so no cash was paid. This is a compensation-related award, not a market purchase or sale.
Key Details
- Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (appears timely within the standard two-business-day window).
- Award details: 270 shares (restricted stock) @ $0.00; 1,120 derivative shares @ $0.00. Total = 1,390 shares.
- Footnotes: F1 — 270 restricted shares subject to service-based vesting and will be released three years after the grant date. F2 — the 1,120 derivative units: 50% become exercisable on 03/04/2028 and 50% on 03/04/2029.
- Shares owned after transaction: Not reported in the provided filing excerpt.
- No indication in this filing of a 10b5-1 plan, tax withholding, or immediate sale of shares.
Context These awards are compensation-related and subject to multi-year vesting/exercise schedules, so they are not immediately tradable. Such grants are routine for executives and directors and do not by themselves indicate buying or selling sentiment in the open market.