Form 4: General Dynamics Director Charles W. Hooper Acquires Shares in Lieu of Fees

Sentiment:

SEC Form 4


Director Charles W. Hooper acquired 22 shares of General Dynamics Corp (GD) common stock on March 18, 2024, in lieu of director fees.

Summary

  • On March 18, 2024, Charles W. Hooper, a director of General Dynamics Corp, acquired 22 shares of common stock.
  • The shares were acquired at a price of $275.38 per share.
  • The acquisition was made in lieu of director fees, according to the outside directors' compensation program.
  • Following the transaction, Hooper directly owns 562 shares of General Dynamics Corp.
  • The transaction was reported on March 20, 2024, by Nicholas R. Barnaby, by Power of Attorney.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Director share acquisitions are common and often reflect compensation structures or confidence in the company's performance.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.

Key Dates

DateDescription
03/18/2024Date of transaction: Charles W. Hooper acquired 22 shares of General Dynamics Corp common stock.
03/20/2024Date of report: Form 4 filing date.

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