Kuryea Kimberly A 4

What Happened
Kimberly A. Kuryea, Senior Vice President & Chief Financial Officer of General Dynamics (GD), received a total of 25,293 shares on March 4, 2026 (3,208 + 3,015 + 19,070) as grants/settlements. The filings show these were awarded at $0 (awards/PSUs/restricted stock). To satisfy tax withholding on the PSU release, 1,449 shares were withheld/disposed at $362.35 per share for proceeds of approximately $525,045. The awards include performance stock units (PSUs) and restricted stock; the PSU portion was settled in shares after performance criteria were met.

Key Details

• Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (timely).
• Shares received: 3,208; 3,015; and 19,070 (total 25,293) — all reported as grants/awards at $0.
• Shares disposed/withheld: 1,449 shares at $362.35 per share, totaling ~$525,045 (tax withholding).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 = PSUs originally granted in 2023, additional units issued for achieved performance; settled in shares with dividend equivalents. F2 = withholding of shares to satisfy tax obligations on PSU release. F3 = 3,015 shares are restricted stock subject to service-based vesting, released three years after grant. F4 = notes an option vesting schedule (50% exercisable 03/04/2028, remainder 03/04/2029).
• Transaction codes: A = award/acquisition; F = withholding/tax payment (disposition).

Context: The larger activity here is receipt of awards/PSUs (a non-cash grant). The 1,449-share disposition appears to be routine withholding to cover taxes on the PSU/stocks released rather than an open-market investment sale; such withholdings are common and don’t necessarily signal the insider’s market view.