Wall Peter A 4

What Happened

• Peter A. Wall, a director of General Dynamics (GD), was granted stock awards on 2026-03-04: 270 restricted shares and 1,120 derivative awards. Both grants were reported at $0.00 per share (no cash paid), total reported value $0 on the Form 4 (these are compensation awards, not open-market purchases).

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
• Prices: 270 shares @ $0.00; 1,120 derivative units @ $0.00.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes:
  • F1: The 270 shares are restricted stock subject to service-based vesting and will be released three years after the grant date.
  • F2: The 1,120 derivative awards vest/become exercisable in two tranches: 50% on 03/04/2028 and 50% on 03/04/2029.
• Filing timeliness: Filed two days after the grant date; consistent with standard insider reporting timetables (not marked late).

Context

• These awards are compensation-related (restricted stock and derivative awards) and generally vest over future service periods, so they do not represent an immediate market purchase or sale. Because of the multi-year vesting/exercisability schedule, the grants are not immediately liquid and should be viewed as part of long-term compensation rather than a near-term trading signal.