Form 4: General Dynamics Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Mark C. Roualet, an Executive Vice President at General Dynamics, reported the withholding of shares to cover tax obligations and share activity within the company's 401(k) plan.
Summary
- On March 4, 2024, Mark C. Roualet, an Executive Vice President at General Dynamics, reported transactions involving General Dynamics common stock.
- 1,833 shares were withheld to cover tax obligations related to the release of restricted shares at a price of $273.37.
- Roualet's 401(k) plan holdings include 10,038.6 shares, reflecting activity since the last ownership report.
- Following the reported transactions, Roualet directly owns 147,372 shares of General Dynamics common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives at publicly traded companies like General Dynamics.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect tax obligations and 401(k) activity.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the reported stock transactions. |
| 03/06/2024 | Date of signature by Power of Attorney. |
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