Form 4: General Dynamics Director John G. Stratton Acquires Shares in Lieu of Fees
SEC Form 4
Director John G. Stratton acquired 106 shares of General Dynamics Corp (GD) common stock on June 18, 2024, in lieu of director fees.
Summary
- On June 18, 2024, John G. Stratton, a director of General Dynamics Corp, acquired 106 shares of common stock.
- The acquisition was made in lieu of director fees, as part of the outside directors' compensation program.
- The price per share was $292.42.
- Following the transaction, Stratton directly owns 7,205 shares of General Dynamics common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (stock in lieu of fees) and doesn't indicate any major positive or negative outlook for the company.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Directors receiving stock in lieu of fees is a fairly common practice, aligning their interests with shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: John G. Stratton acquired 106 shares of General Dynamics common stock. |
| 06/21/2024 | Date of signature: Nicholas R. Barnaby, by Power of Attorney, signed the Form 4 on behalf of John G. Stratton. |
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