Gilliland Marguerite Amy 4

What Happened

Marguerite Amy Gilliland, Executive Vice President of General Dynamics (GD), had 1,435 shares of Common Stock withheld to satisfy tax withholding obligations related to the release of restricted shares. The withholding was recorded as a disposition at an effective price of $359.79 per share, for a total value of approximately $516,299. This was a tax-withholding share surrender (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11 (filed timely).
• Shares withheld/disposed: 1,435 at $359.79 per share; total ≈ $516,299.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Footnote F1: Withholding of shares under the General Dynamics equity compensation plan to satisfy tax obligations on released restricted shares.
• Footnote F2: Reporting may include activity under the General Dynamics 401(k) plan since the last ownership report.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

This is a routine tax-withholding transaction tied to the release of restricted stock and is commonly seen when restricted shares vest. It does not reflect an open-market sale intended to realize gains or a purchase indicating additional insider buying; therefore it should be interpreted as an administrative disposition to cover tax obligations rather than a directional signal about the executive’s view of the company.