Gilliland Marguerite Amy 4

4 · GENERAL DYNAMICS CORP · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 6, 2026

General Dynamics (GD) EVP Marguerite Gilliland Receives Stock Award

What Happened

Marguerite Amy Gilliland, Executive Vice President of General Dynamics (GD), received awards on 2026-03-04 totaling 23,951 shares: 17,410 performance stock units (PSUs, derivative) and two restricted stock grants of 3,786 and 2,755 shares. The PSUs and restricted shares were granted at $0.00 (awards). To satisfy tax withholding on the PSU release, 1,712 shares were withheld (disposed) at an effective value of $362.35 per share, totaling about $620,343. These were awards/settlements rather than open-market purchases.

Key Details

Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (timely filing).
Grants/acquisitions: 3,786 shares (restricted), 2,755 shares (restricted), and 17,410 PSUs (derivative) — all reported as acquired at $0.00.
Withholding (disposition): 1,712 shares withheld at $362.35 each to satisfy tax obligations (approx. $620,343).
Shares owned after transaction: not specified in the provided filing.
Footnotes of note:
- F1: PSUs were originally granted in 2023, include additional units for achieved performance, and will be settled in shares; no further service-based vesting required for those PSUs.
- F2: The 1,712-share disposition reflects share withholding to satisfy tax withholding on PSU release.
- F3: The restricted shares are service-vested and will be released three years after grant.
- F4: Includes activity under the company 401(k) plan since the last report.
- F5: (Related to option exercisability timing — not directly applicable to these transactions.)

Context

This filing reflects equity awards and standard tax-withholding rather than an open-market sale or purchase. The PSU component was earned based on prior performance metrics and will be settled in shares; the restricted stock grants have future service-based vesting. Withholding of shares for taxes is a routine disposition and does not necessarily signal a change in insider sentiment.

Form 4

Period: 2026-03-04

Executive Vice President

Transactions

Award
Common Stock
[F1]
2026-03-04+3,786→ 48,978 total
Tax Payment
Common Stock
[F2]
2026-03-04$362.35/sh−1,712$620,343→ 47,266 total
Award
Common Stock
[F3]
2026-03-04+2,755→ 50,021 total
Award
Stock Options
[F5]
2026-03-04+17,410→ 17,410 total
Exercise: $363.02Exp: 2036-03-03→ Common Stock (17,410 underlying)

Holdings

Footnotes (5)

[F1]Represents performance stock units (PSUs) originally granted in 2023. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of Common Stock.
[F2]Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.
[F3]Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
[F4]Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
[F5]Fifty percent become exercisable on 03/04/2028 and the remaining fifty percent become exercisable on 03/04/2029.

Signature

Nicholas R. Barnaby, by Power of Attorney|2026-03-06

1 file