Form 4: General Dynamics Director Acquires Shares in Lieu of Fees

Director Charles W. Hooper acquired 23 shares of General Dynamics Corp (GD) common stock on March 18, 2025, in lieu of director fees.

Summary

• On March 18, 2025, Charles W. Hooper, a director of General Dynamics Corp, acquired 23 shares of common stock.
• The acquisition was made in lieu of director fees, as part of the outside directors' compensation program.
• The price per share was $264.5.
• Following the transaction, Hooper directly owns 979 shares of General Dynamics Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of fees is generally seen as a good sign, indicating alignment with shareholder interests. However, the transaction is small and part of a standard compensation program, so the impact is limited.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Directors receiving stock in lieu of fees is a common practice to align their interests with shareholders and conserve company cash.

Comparison to Industry Standards

• Director compensation structures vary across industries and companies.
• Some companies offer a mix of cash and stock, while others provide only stock options or restricted stock units.
• The specific details of General Dynamics' director compensation program would need to be compared to those of its peers, such as Lockheed Martin (LMT) and Boeing (BA), to assess its competitiveness.

Key Dates

Keywords

General Dynamics, Director, Stock Acquisition, Form 4, GD, Charles W. Hooper, Director Fees, Beneficial Ownership