Form 4: General Dynamics Senior Vice President Gilliland Executes Stock Option and Sells Shares
SEC Form 4 Filing
Senior Vice President Marguerite Amy Gilliland of General Dynamics exercised stock options and sold shares on March 10, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 10, 2025, Marguerite Amy Gilliland, a Senior Vice President at General Dynamics, exercised stock options for 24,740 shares at a price of $223.93 per share.
- On the same day, Gilliland sold 24,740 shares at an average price of $272.076, and an additional 2,822 shares at $272.41.
- Following these transactions, Gilliland directly owns 45,192 shares of General Dynamics common stock.
- Gilliland also indirectly owns 803.177 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency into the trading activities of company insiders, which is important for investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/07/2020 | Fifty percent of the stock options became exercisable. |
| 03/07/2021 | The remaining fifty percent of the stock options became exercisable. |
| 03/10/2025 | Date of stock option exercise and share sales. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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