Mattis James N 4

What Happened
James N. Mattis, a director of General Dynamics Corporation (GD), had 83 shares of common stock withheld to satisfy tax withholding obligations tied to the release of restricted shares. The withholding was executed on 2026-03-09 at an effective price of $359.79 per share, totaling approximately $29,863. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-09 at $359.79 per share (83 shares; ~$29,863 total)
• Transaction code: F (shares withheld to satisfy tax withholding on release of restricted stock)
• Footnote: F1 — Represents withholding of shares under the company equity compensation plan to satisfy tax withholding obligations on release of restricted shares.
• Filing: Report filed 2026-03-11 (appears timely relative to the 2026-03-09 transaction)
• Shares owned after transaction: Not specified in the provided Form 4 summary

Context
Withholding shares to meet tax obligations is a common administrative action when restricted stock vests; it is not the same as a discretionary sale and typically provides limited insight into the director’s market view.