Gallopoulos Gregory S 4

What Happened

Gregory S. Gallopoulos, Senior Vice President, General Counsel and Secretary of General Dynamics (GD), had 1,401 shares withheld (disposed) to satisfy tax withholding obligations tied to the release of restricted stock. The shares were withheld at a per-share value of $359.79, totaling approximately $504,066. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11).
• Action: Withholding of 1,401 shares to satisfy tax liability (transaction code F).
• Price: $359.79 per share; total value of shares withheld ≈ $504,066.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — withholding of shares under General Dynamics’ equity compensation plan to satisfy tax withholding on release of restricted shares.
• Timeliness: Filing appears timely (transaction Mar 9; Form 4 filed Mar 11).

Context

This is a routine tax-withholding event tied to equity compensation (restricted shares being released). Such withholdings are administrative and do not indicate a market-directed sale or necessarily reflect the insider’s view of the company.