NOVAKOVIC PHEBE N

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.

GD CEO Phebe Novakovic sold 129.1K shares for $40.5M at $313.57 avg; post-sale holdings 769.6K shares (-14.4%)

Phebe Novakovic executed 2 separate sales totaling 129,090 shares for $40,479,258.66 on 2025-08-18, reducing her holdings by 14.4% from the pre-transaction level. The blended average sale price of $313.57 sits slightly below the current price of $317.48, placing the sale near the 52-week high of $317.49. Against her cross-ticker track record, where prior sales yielded a +4.7% average 90-day return (indicating stock gains following her exits), this sale continues a pattern of selling into strength: her prior 4 trades at General Dynamics show uniform positive 30-day returns (+6.1% to +7.1%), suggesting the insider consistently sells as the stock appreciates. The timing context matters: GD stock has climbed +14.6% over 90 days and +6.9% over 30 days, and Novakovic's sale occurred at levels near all-time highs, following a sustained rally in a company with solid growth metrics (annual revenue +12.9%, P/E of 20.90).

GD CEO Novakovic sold 186,460 shares for $52.8M at $283.02 avg; retains 769.6K shares; stock up 5.0% in 90 days.

Phebe N Novakovic, General Dynamics' Chairman and CEO, executed 4 separate sales totaling 186,460 shares for $52,771,010.88 at a blended average price of $283.02 on 2025-06-13 and 2025-06-16. This represents a 19.5% reduction in her holdings, leaving her with 769,607 shares post-transaction. At the current price of $281.30, the stock trades 10.4% below its 52-week high of $314.03. Her prior trades at General Dynamics show no pattern of well-timed selling (0 of 5 prior GD sales were followed by 90-day declines); most recently, her 2025-03-05 sale saw the stock rise 4.8% over 90 days, and her 2024 sales were all followed by positive returns ranging from 2.0% to 7.6%. The current sale occurred as the stock was up 5.0% over the prior 90 days, suggesting she sold into strength rather than into a deteriorating position.

GD Chairman/CEO Phebe Novakovic sold 32,695 shares at $263.48 on 2025-03-05 for $8.6M; retains 769.6K shares.

Phebe Novakovic sold 32,695 shares of General Dynamics, reducing her holdings by 4.1% while retaining 769.6K shares, indicating continued significant ownership. At the transaction price of $263.48, this sale occurred within the stock's 52-week range and 2.8% above its 30-day average. Novakovic's prior five sales at General Dynamics have averaged positive 90-day returns of 3.1%, with no well-timed outcomes at the 90-day horizon, suggesting her prior exits preceded further share appreciation rather than declines. General Dynamics posted strong fundamentals with $11.7B in latest-quarter revenue, $930.0M net income, and 12.9% annual growth, trading at a reasonable 17.42 P/E ratio. The sale appears modest in scale relative to her 769.6K retained position and occurs within the context of company growth momentum.