Paddock David 4

What Happened David Paddock, Vice President of General Dynamics (GD), had 731 shares of common stock withheld on March 9, 2026 to satisfy tax withholding obligations tied to the release of restricted shares. The withholding was at a per-share value of $359.79, totaling approximately $263,006. This was a tax-withholding disposal (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-09; Form 4 filed 2026-03-11.
• Shares withheld/disposed: 731 at $359.79 per share; total reported value $263,006.
• Transaction code: F — withholding of shares to cover tax liability on released restricted stock.
• Footnote: The filing states shares were withheld under General Dynamics’ equity compensation plan to satisfy tax withholding obligations (see F1).
• Shares owned after transaction: not specified in the provided filing.

Context Tax-withholding disposals are routine when restricted shares vest or are released; they are used to pay required taxes and generally do not signal insider confidence or concern by themselves. This was not a purchase (which can be more meaningful to investors) nor a voluntary market sale.