Form 4: General Dynamics Director Peter A. Wall Reports Stock Transactions
SEC Form 4
Director Peter A. Wall of General Dynamics Corp. reports the acquisition and disposal of common stock on September 16, 2024.
Summary
- On September 16, 2024, Peter A. Wall, a director of General Dynamics Corp., engaged in transactions involving the company's common stock.
- Wall acquired 1,320 shares of common stock at a price of $147.82.
- Simultaneously, Wall disposed of 1,320 shares of common stock at a price of $308.05.
- Following these transactions, Wall directly owns 3,592 shares of General Dynamics Corp.
- Wall also exercised stock options for 1,320 shares at a price of $147.82.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 08/03/2018 | Fifty percent of the stock options became exercisable. |
| 08/03/2019 | The remaining fifty percent of the stock options became exercisable. |
| 08/02/2026 | Expiration date of the stock options. |
| 09/16/2024 | Date of stock acquisition and disposal, and stock option exercise. |
| 09/18/2024 | Date of signature by Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.