Form 4: General Dynamics Executive Gallopoulos Reports Stock Transactions
SEC Form 4 Filing
Gregory S. Gallopoulos, a Senior VP, Gen. Counsel, and Secretary at General Dynamics, reported the withholding of shares to cover tax obligations and holdings in a trust.
Summary
- Gregory S. Gallopoulos, a Senior VP, Gen. Counsel, and Secretary at General Dynamics, filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, 1,399 shares of Common Stock were withheld at a price of $254.11 to satisfy tax obligations related to the release of restricted shares.
- Following the transaction, Gallopoulos directly owns 105,553 shares of Common Stock.
- Gallopoulos also indirectly owns 15,000 shares of Common Stock through a trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard equity compensation practices at General Dynamics.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock transaction (withholding of shares). |
| 03/05/2025 | Date of signature on the report. |
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.