Form 4: General Dynamics Executive Gallopoulos Reports Stock Transaction
SEC Form 4 Filing
Gregory S. Gallopoulos, a Senior VP, Gen. Counsel, and Secretary at General Dynamics, reported a transaction involving common stock on March 4, 2024.
Summary
- On March 4, 2024, Gregory S. Gallopoulos, a Senior VP, Gen. Counsel, and Secretary at General Dynamics, reported a transaction involving General Dynamics common stock.
- The transaction involved the withholding of 1,760 shares of common stock at a price of $273.37 to cover tax withholding obligations related to the release of restricted shares.
- Following the transaction, Gallopoulos directly owns 111,559 shares of General Dynamics common stock and indirectly owns 15,000 shares through a trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to insider transactions, specifically tax withholding on equity compensation. It doesn't inherently 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 filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax withholding on equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the stock transaction (withholding of shares). |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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