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GENERAL DYNAMICS CORP·4

Mar 6, 3:16 PM ET

Brady Christopher J 4

Research Summary

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General Dynamics VP Christopher J. Brady Receives Stock Awards

What Happened

  • Christopher J. Brady, Vice President of General Dynamics (GD), received a total of 16,948 shares via equity awards on 2026-03-04 (2,548 + 1,530 + 12,870 shares). These awards are recorded at $0.00 because they are grants/derivative awards rather than open-market purchases.
  • On the same date, 1,076 shares were surrendered/withheld to satisfy tax withholding obligations at $362.35 per share, resulting in proceeds/withholding of $389,889. The withholding is coded as a disposal (F).

Key Details

  • Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the typical 2-business-day window).
  • Awarded shares: 16,948 total (2,548; 1,530; 12,870) recorded at $0.00.
  • Withheld/disposed shares: 1,076 shares at $362.35 each = $389,889 (tax withholding).
  • Shares owned after the transactions: Not specified in the filing.
  • Relevant footnotes from the filing:
    • F1: PSUs were originally granted in 2023; additional units issued upon performance achievement plus accrued dividend equivalents; PSUs and dividend equivalents settle in common stock and require no further service vesting.
    • F2: The 1,076-share disposal represents share withholding to satisfy tax obligations on PSU release.
    • F3: Some shares shown represent restricted stock subject to service-based vesting that will be released three years after the grant date.
    • F4: Filing includes share activity under General Dynamics 401(k) plan since the last ownership report.
    • F5: Indicates an exercisability schedule for certain option-type awards (50% exercisable 03/04/2028; remainder 03/04/2029), where applicable.

Context

  • These transactions are largely award/grant activity (not open-market purchases). The share withholding to cover taxes is routine and common when PSUs/RSUs vest or are settled; it is not the same as an open-market sale signaling a change in sentiment.
  • PSUs noted in the filing are performance-based and were settled in shares after performance criteria were met (per F1). Restricted stock (RSUs) in the filing may still be subject to future service-based vesting (per F3).