Form 4: General Dynamics Director Catherine B. Reynolds Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Catherine B. Reynolds acquired 113 shares of General Dynamics stock at $275.38 per share in lieu of director fees on March 18, 2024.
Summary
- On March 18, 2024, Catherine B. Reynolds, a director of General Dynamics Corp, acquired 113 shares of common stock.
- The shares were acquired in lieu of director fees at a price of $275.38 per share.
- Following the transaction, Reynolds directly owns 6,041 shares of General Dynamics common stock.
- Reynolds also indirectly owns 600 shares held by her spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction. It doesn't indicate positive or negative performance for the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of transaction: Catherine B. Reynolds acquired 113 shares of General Dynamics stock. |
| 03/20/2024 | Date of signature: Form 4 signed by Nicholas R. Barnaby, by Power of Attorney. |
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