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GD GENERAL DYNAMICS CORP Insider Trading

Latest: Director Sold $2.0M of Shares · Jun 2026

Multiple insiders have been active at GENERAL DYNAMICS CORP (GD): 10 distinct insiders account for 0 buy filings and 21 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: Director Mark Malcolm sold $2.0M, transaction dated Jun 2026.

21 filings analyzed · Latest 2026-06-22

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Buys
0
Sells
21
Insiders
10
Direction
Net selling

GENERAL DYNAMICS CORP leadership

CEO
Phebe N. Novakovic — Chief Executive Officer
CFO
Kimberly A. Kuryea — Chief Financial Officer
Chair
Phebe N. Novakovic — Chairman and Chief Executive Officer

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-22
medium
5,480 shares
$2,000,200
@ $365.00
Significance 5

GD Director Mark Malcolm sells 5,480 shares for $2,000,200 at $365.00; retains 10,643 shares post-transaction

Mark Malcolm, Director at General Dynamics Corp, executed 2 separate sales totaling 5,480 shares for $2,000,200.00 at a blended average price of $365.00 on 2026-06-17. His non-derivative holdings declined from 16,123 shares to 10,643 shares, representing a -34.0% reduction in that portion of his position. The transaction occurred near the 52-week high: the stock currently trades at $343.40, which is -7.1% from the 52-week high of $369.70. His prior sale at GD in 2025-09-12 was followed by 90-day returns of +3.6%, indicating that earlier transaction did not precede a stock decline. The company's fundamentals remain solid with FY revenue growth of +10.1%, net income of $1,125,000,000.00, and a P/E of 21.94.

May 2026
2026-05-13
medium
Executive Vice President
72,710 shares
$25,040,695
@ $344.39
Significance 4

Executive VP Burns exercises stock awards, immediately sells all shares—ninth sale in 36 months at GD, zero prior open-market buys.

Executive Vice President Burns Mark Lagrand exercised two stock awards on consecutive trading days, receiving approximately 73,000 shares, then sold all of them within hours—generating gross proceeds of approximately $25 million. This is his ninth open-market sale at General Dynamics in the past 36 months, and he has never purchased shares on the open market during that same period, making this purely a sale-and-exit pattern. His prior five sales at this company show mixed timing results: four were followed by stock price increases (poorly timed exits) while one saw the share price decline afterward (well-timed), suggesting this insider has not demonstrated reliable market-timing ability. General Dynamics remains a profitable, growing company with solid fundamentals, and the stock currently trades moderately below its 52-week high, yet Burns' consistent pattern of exercising awards and immediately liquidating the full position indicates no incremental commitment to the company. For a retail investor, this is a routine compensation-realization trade rather than a signal of insider conviction or concern about the business.

March 2026
2026-03-13
low
Senior VP, Gen. Counsel, Sec.
3,729 shares
$1,321,360
@ $354.35
Significance 4

Senior VP & General Counsel Gallopoulos sells 3,729 shares of GD at $354.35; retains 125,764 shares post-sale

Gallopoulos sold 3,729 shares for $1,321,359.96 on 2026-03-11, reducing his holdings by 2.9% to 125,764 shares. His prior five trades at General Dynamics were all sales, with 90-day returns of +16.5%, +15.6%, +15.9%, +0.6%, and +11.0%—none were well-timed at the 90-day mark, as GD stock rose after each sale. Cross-ticker, his 7 prior open-market sells showed an average 90-day return of +11.0% with a 0.00% well-timed rate, indicating a consistent pattern of selling before rallies rather than declines. The current stock price of $351.52 sits 4.7% below the 52-week high of $368.69; at valuation multiples (P/E 20.47) and growth metrics ($12.9B quarterly revenue, +10.1% annual growth), GD trades near normalized levels for a large-cap defense contractor, providing no clear fundamental distress signal that would explain this sale.

2026-03-13
medium
Executive Vice President
10,153 shares
$3,603,828
@ $354.95
Significance 6

Burns Lagrand sold 10,153 shares of GD at $354.95; holding fell 20.7% to 38,975 shares post-transaction.

Burns Lagrand, Executive Vice President, sold 10,153 shares at $354.95, reducing his position by 20.7%. The sale occurred at a price within 4.7% of the 52-week high ($368.69), in a stock up 1.5% over 30 days and 4.2% over 90 days. His prior trades at General Dynamics show mixed timing: 4 of 5 prior sales occurred in July 2025 with 90-day returns of +12.5%, +12.2%, +9.0%, and +8.7% respectively, while only 1 of 5 prior same-ticker sells was well-timed at the 90-day horizon. His cross-ticker track record across 6 prior sells shows a 33.33% well-timed rate with an average 90-day return of +6.7%, indicating prior sales were generally followed by stock appreciation. The company itself trades at a P/E of 20.47 with $12.9B in latest quarterly revenue and +10.1% annual growth, showing a stable operational profile. This sale represents a material reduction in a large position by a senior executive, though it follows a pattern of mostly poorly-timed prior dispositions at this ticker.

2026-03-13
low
Executive Vice President
3,819 shares
$1,350,020
@ $353.50
Significance 4

EVP Gilliland sells 3,819 GD shares for $1.4M at $353.50; stock now at $351.52, -4.7% from 52-week high.

Marguerite Amy Gilliland, Executive Vice President, sold 3,819 shares of General Dynamics at $353.50 on 2026-03-11, reducing her holdings by 7.9% to 44,767 shares. The sale occurred near the stock's recent range, with current price at $351.52 sitting 4.7% below the 52-week high of $368.69. Her prior trades at GD show a consistent pattern: across 5 previous sales at this ticker, none were well-timed at the 90-day mark—the stock rose after each sale, with 90-day returns ranging from +1.5% to +8.0%. This current transaction follows that pattern: the stock is up 1.5% over 30 days and 4.2% over 90 days from the sale date, suggesting this sale, like her prior ones, preceded price appreciation rather than decline. GD's fundamentals remain solid with revenue growth of 10.1% annually and a P/E of 20.47, providing no fundamental deterioration signal. The transaction alone does not suggest insider concern.

2026-03-13
medium
Chairman and CEO
32,918 shares
$11,656,060
@ $354.09
Significance 5

GD CEO Novakovic sells 32,918 shares for $11.7M at $354.09 avg; holds 766.5K shares post-transaction

Phebe N. Novakovic, Chairman and CEO of General Dynamics, executed 2 separate sales totaling 32,918 shares for $11,656,060.40 on 2026-03-11, at a blended average price of $354.09. The sale represents a 4.1% reduction in her holdings (from 799.4K to 766.5K shares), yet she retains substantial equity at the company. Her prior sales at GD show a 0 of 5 record of well-timed 90-day outcomes—all five prior sales saw positive 90-day returns, meaning the stock rose after each transaction. The current sale price of $354.09 sits near the 52-week high of $368.69, in the upper range of the year's trading band. This transaction occurs against the backdrop of GD's solid fundamentals: $12.9B quarterly revenue, $1.1B net income, and 10.1% annual revenue growth, with a P/E of 20.47.

February 2026
2026-02-17
medium
Rayha Mark Sell
Vice President
4,370 shares
$1,524,195
@ $348.79
Significance 5

VP Rayha Mark sold 4,370 shares of GD at $348.79, reducing holdings by 35.5% to 7,936 shares ($1.5M transaction).

Rayha Mark, Vice President of General Dynamics, executed a substantial sale of 4,370 shares at $348.79 on 2026-02-13, representing a 35.5% reduction in personal holdings from 12,306 to 7,936 shares. The $1,524,194.82 transaction occurred at a price near the 52-week high of $368.69—only 5.4% below the peak. The company remains fundamentally sound with $12.9B in quarterly revenue, $1.1B net income, and 10.1% annual revenue growth, trading at a P/E of 19.95 on a $92.6B market cap. However, the recent price momentum is negative: the stock has declined 6.8% over 30 days and 7.1% from its 52-week high, suggesting the sale occurred as GD entered a correction phase. The concentration of this single sale and its magnitude relative to remaining holdings warrants monitoring of future insider activity and company performance trends.

December 2025
2025-12-18
medium
Vice President
20,360 shares
$6,818,921
@ $334.92
Significance 4

VP David Paddock sells 20,360 GD shares for $6.8M at $334.92 avg; retains 36.6K shares post-sale.

David Paddock, Vice President at General Dynamics, executed two separate sales totaling 20,360 shares for $6,818,920.82 on 2025-12-17 at a blended average price of $334.92. This represents a -35.7% reduction from his pre-transaction holdings of 57,004 shares, leaving him with 36,644 shares. The current stock price of $337.34 sits near the upper end of its 52-week range ($241.94–$353.77) and only -4.6% from the 52-week high, suggesting the sale occurred near a local price peak. Paddock's prior sale at GD (2025-08-04) was not well-timed in the 90-day window, yielding +10.4% returns after the sale—a signal that his sell decisions at this ticker have not historically preceded near-term declines. The stock remains fundamentally solid with 12.9% annual revenue growth, $1.1B net income, and a 21.62 P/E ratio.

September 2025
2025-09-16
medium
3,220 shares
$1,060,829
@ $329.45
Significance 5

Director Malcolm Mark sold 3,220 shares of GD at $329.45 for $1,060,829.00, reducing holdings 24.0% to 10,186 shares.

Malcolm Mark, a director of General Dynamics, executed a sale of 3,220 shares at $329.45 on 2025-09-12, reducing his holdings by 24.0% from 13,406 to 10,186 shares. The transaction occurred near the 52-week high of $329.62, with the stock subsequently trading 1.0% below that peak. Notably, his prior buy at GD on 2023-05-02 generated a 90-day return of +4.2%, which was well-timed; however, prior trading patterns do not reliably predict directional outcomes on individual sales, especially near technical resistance levels. The company fundamentals remain solid with 12.9% annual revenue growth, $13.0B quarterly revenue, and a P/E of 21.49, providing context that the sale reflects portfolio management rather than apparent distress at the operating level.

August 2025
2025-08-27
medium
Vice President
8,150 shares
$2,617,576
@ $321.18
Significance 5

VP Brady Christopher J sold 8,150 shares of GD at $321.18 for $2.6M, reducing holdings by 26.3% to 22.8K shares

Brady Christopher J, Vice President, executed a sale of 8,150 shares at $321.18 on 2025-08-25, representing a 26.3% reduction in his holdings from 31.0K to 22.8K shares. The sale occurred near the 52-week high of $325.46, with the stock currently at $325.46 and having appreciated 18.3% over 90 days and 4.0% over 30 days. Notably, his prior sale at GD on 2024-11-22 showed negative 90-day returns of -12.4%, indicating a pattern of well-timed exits at this ticker. GD trades at a P/E of 21.43 with strong fundamentals: annual revenue growth of 12.9%, net income of $1.0B, and a $13.0B quarterly revenue base supporting an $87.5B market cap.

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