Burns Mark Lagrand 4

What Happened
Mark Lagrand, Executive Vice President of General Dynamics (GD), sold 10,153 shares in an open-market transaction on March 11, 2026. The Form 4 reports an average price of $354.95 per share (total ≈ $3,603,828); the filing notes the sale prices ranged from $354.94 to $355.16.

Key Details

• Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13) — filed within the usual 2-business-day window.
• Transaction type/code: Open-market sale (S).
• Shares sold: 10,153; reported aggregate value ≈ $3,603,828.
• Price details: average reported price $354.95; footnote F1 gives a price range of $354.94–$355.16 and offers to provide a per-price breakdown on request.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote F2: Indicates the filing includes share activity under the General Dynamics 401(k) plan since the reporter's last ownership report.

Context
This was a sale (not a purchase or option exercise). Sales by executives can be routine (e.g., diversification, tax or plan-driven) and do not on their own indicate a change in the insider’s view of the company. Footnote disclosures here mainly clarify the exact sale prices and that 401(k) plan activity is included in the reporter’s ownership history.