General Dynamics (GD) SVP Shane Berg Withholds 745 Shares for Taxes

What Happened
Shane Berg, Senior Vice President of General Dynamics (GD), had 745 shares of Common Stock withheld to satisfy tax withholding obligations related to the release of restricted shares. The withholding occurred on 2026-03-09 at an effective price of $359.79 per share, for a total value of $268,044. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11. No late-filing flag shown.
• Price used for withholding: $359.79 per share.
• Shares withheld/disposed: 745 shares; Total value: $268,044.
• Footnote: F1 — shares were withheld under General Dynamics’ equity compensation plan to satisfy tax withholding on the release of restricted shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
A code F transaction indicates shares were retained by the company to cover taxes (a net share settlement), which reduces the insider’s outstanding shares but is routine and does not reflect an active market sale. Such withholdings are common when restricted stock vests and generally do not signal the insider’s view on the company’s stock price.