Form 4: General Dynamics Senior Vice President Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Marguerite Amy Gilliland, a Senior Vice President at General Dynamics, reported changes in her beneficial ownership of company stock due to tax withholding and 401(k) plan activity.

Summary

  • On March 3, 2025, Marguerite Amy Gilliland, a Senior Vice President at General Dynamics, reported changes in her beneficial ownership of General Dynamics common stock.
  • 1,113 shares were withheld to satisfy tax obligations related to the release of restricted shares at a price of $254.11.
  • Gilliland also reported share activity within her General Dynamics 401(k) plan, accounting for 803.177 shares.
  • Following these transactions, Gilliland directly owns 42,659 shares of General Dynamics common stock.
  • She also indirectly owns shares through the 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects standard transactions related to tax obligations and 401(k) activity. It doesn't indicate any significant positive or negative developments.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It does not necessarily reflect a broader trend in the aerospace and defense industry.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • The impact on employees is related to the standard operation of the 401(k) plan.

Key Dates

DateDescription
03/03/2025Date of the reported transactions (tax withholding and 401(k) activity).
03/05/2025Date of signature on the Form 4 filing.

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.