Form 4: General Dynamics Director Charles W. Hooper Acquires Shares in Lieu of Fees
SEC Form 4
Director Charles W. Hooper acquired 20 shares of General Dynamics Corp common stock on September 17, 2024, in lieu of director fees.
Summary
- On September 17, 2024, Charles W. Hooper, a director of General Dynamics Corp, acquired 20 shares of common stock.
- The acquisition was made in lieu of director fees at a price of $308.05 per share.
- Following the transaction, Hooper directly owns 603 shares of General Dynamics Corp.
- The transaction was filed on September 19, 2024.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard transaction related to director compensation.
Positives
- The director's decision to take shares in lieu of fees demonstrates confidence in the company's value.
Industry Context
Insider transactions are closely watched as indicators of management's and directors' perspectives on the company's prospects. This transaction reflects a director's decision to receive equity as part of their compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: Charles W. Hooper acquired 20 shares of General Dynamics Corp common stock. |
| 09/19/2024 | Date of Form 4 filing. |
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