Form 4: General Dynamics Director Catherine Reynolds Reports Stock Transaction
SEC Form 4 Filing
Director Catherine Reynolds reports a transaction involving General Dynamics common stock to cover tax obligations.
Summary
- On March 4, 2024, Catherine Reynolds, a director of General Dynamics Corp, had a transaction involving the company's common stock.
- The transaction involved the withholding of 105 shares at a price of $273.37 per share to satisfy tax withholding obligations related to the release of restricted shares under the General Dynamics Corporation equity compensation plan.
- Following the transaction, Reynolds directly owns 5,618 shares of General Dynamics common stock and indirectly owns 600 shares held by her spouse.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a common stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This is a routine disclosure related to insider transactions, which are common in publicly traded companies. It reflects the standard practice of executives managing their equity compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the stock transaction. |
| 03/06/2024 | Date of signature on the report. |
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