Form 4: General Dynamics Director James N. Mattis Reports Stock Transaction
SEC Form 4 Filing
Director James N. Mattis reports a transaction involving General Dynamics Corp (GD) stock on March 4, 2024, related to tax withholding obligations.
Summary
- On March 4, 2024, James N. Mattis, a director of General Dynamics Corp (GD), 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 cover tax obligations related to the release of restricted shares under the company's equity compensation plan.
- Following the transaction, Mattis directly owns 2,709 shares of General Dynamics common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from equity compensation, a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock transaction (tax withholding) |
| 03/06/2024 | Date of signature on the report |
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