Burns Mark Lagrand 4

What Happened

• Mark L. Lagrand, Executive Vice President of General Dynamics (GD), had 1,868 shares of common stock withheld on March 9, 2026 to satisfy tax withholding obligations tied to the release of restricted shares. The withholding was recorded at $359.79 per share, for a total value of $672,088. This filing (Form 4) was submitted on March 11, 2026.
• This transaction is a tax-withholding disposal (code F), not an open-market sale; such withholdings are routine when restricted stock vests and do not necessarily signal a change in the insider’s view of the company.

Key Details

• Transaction date and price: 2026-03-09 — 1,868 shares withheld at $359.79 each (total $672,088).
• Filing/period: Form 4 filed 2026-03-11; Period of Report 2026-03-09.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — shares were withheld under General Dynamics’ equity plan to satisfy tax withholding for released restricted shares; F2 — includes share activity under General Dynamics 401(k) plan since the reporting person’s last ownership report.
• Timeliness: Filing appears timely (no late-filing flag indicated).

Context

• Withholding shares to cover taxes is a common, routine result of RSU vesting (a cashless-like step) and differs from a deliberate open-market sale by the insider. For retail investors, direct purchases or open-market sales can be more informative about insider sentiment; tax-withholding dispositions typically reflect standard compensation mechanics rather than active trading decisions.