[Form 4] GENERAL DYNAMICS CORP Insider Trading Activity

Rhea-AI Filing Summary

Stratton John G, a director of General Dynamics Corporation (GD), reported acquisition of 95 shares of GD common stock on 09/16/2025 at a listed price of $326.97 per share. The filing states the shares were received in lieu of director fees under the company's outside directors' compensation program. Following this transaction, the reporting person beneficially owns 7,996 shares. The Form 4 was signed by Nicholas R. Barnaby by power of attorney on 09/18/2025.

Positive

• 95 shares were acquired as compensation, indicating equity-based director pay which aligns director interests with shareholders
• The filing shows no sales by the reporting person, with beneficial ownership increasing to 7,996 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director stock award; small absolute value relative to company scale, neutral for valuation.

The Form 4 documents a non-derivative acquisition of 95 shares at $326.97 per share, executed as payment for director fees. This is a compensation-related issuance rather than an open-market purchase or sale, and it increases the reporting person's direct holdings to 7,996 shares. Such transactions typically reflect standard non-cash director compensation and do not, by themselves, materially alter company capitalization or signal a change in insider sentiment.

Corporate Governance Expert

TL;DR: Standard governance practice: outside director compensated with equity; supports alignment with shareholders.

The filing explicitly states the shares were issued "in lieu of director fees" under the outside directors' compensation program. Equity-based compensation for non-employee directors is a common governance tool to align interests with shareholders. The Form 4 shows no sales or derivative transactions by the reporting person and was executed by a power of attorney, which is routine for timely filings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Stratton John G

(Last) (First) (Middle)

C/O GENERAL DYNAMICS CORPORATION

11011 SUNSET HILLS ROAD

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GENERAL DYNAMICS CORP [ GD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2025		A(1)		95	A	$326.97	7,996	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects stock received in lieu of director fees in accordance with outside directors' compensation program.

	Nicholas R. Barnaby, by Power of Attorney	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the GD Form 4 report for Stratton John G?

The Form 4 reports acquisition of 95 shares of GD common stock on 09/16/2025 received in lieu of director fees.

At what price were the GD shares reported on the Form 4 acquired?

The reported price per share is $326.97.

How many GD shares does Stratton John G beneficially own after the reported transaction?

Following the transaction, the filing shows beneficial ownership of 7,996 shares.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 was signed by Nicholas R. Barnaby by power of attorney on 09/18/2025.