Wall Peter A 4
Research Summary
AI-generated summary
General Dynamics (GD) Director Peter Wall Withholds 113 Shares for Taxes
What Happened
Peter A. Wall, a director of General Dynamics Corporation, surrendered 113 shares on March 9, 2026 to satisfy tax withholding obligations related to the release of restricted shares. The reported per-share value was $359.79, for a total of $40,656. This was a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (filed within the typical 2-business-day window).
- Transaction type/code: F — withholding of shares to satisfy tax obligations.
- Shares surrendered: 113 at $359.79 each; total value ≈ $40,656.
- Footnote: F1 — withholding under General Dynamics’ equity compensation plan to satisfy tax withholding on released restricted shares.
- Shares owned after transaction: not reported in the provided filing excerpt.
- Insider status: Peter A. Wall — Director (not a 10% owner or executive transaction noted).
Context
Withholding shares to cover taxes on vested or released restricted stock is a common, administrative transaction and does not necessarily reflect the insider’s view of the company’s prospects. Unlike purchases, these kinds of disposals are routine and often required by tax rules.