What the executives and directors of General Dynamics actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| NOVAKOVIC PHEBE N Chairman and CEO | CEO | 812.4K | — | $71.9M |
| Aiken Jason W Executive Vice President | Officer | 184.5K | — | — |
| Roualet Mark C. Executive Vice President | Officer | 163.1K | — | — |
| Gallopoulos Gregory S Senior VP, Gen. Counsel, Sec. | Officer | 125.8K | — | $1.3M |
| Gilliland Marguerite Amy Executive Vice President | Officer | 87.9K | — | $28.3M |
| Kuryea Kimberly A Vice President and Controller | Officer | 87.1K | — | — |
| Smith Robert Edward Executive Vice President | Officer | 81.8K | — | — |
| Burns Mark Lagrand Executive Vice President | Officer | 75.5K | — | $28.6M |
| Paddock David Vice President | Officer | 38.3K | — | $6.8M |
| Deep Danny President | Officer | 34.6K | — | — |
| Graney Kevin M Vice President | Officer | 34.1K | — | — |
| Brady Christopher J Vice President | Officer | 24.9K | — | $2.6M |
| Malcolm Mark | Director | 17.6K | — | $3.4M |
| Moss William A Vice President and Controller | Officer | 15K | — | $5.6M |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-03 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 5,673 | $381.17 | $2.2M |
| 2026-08-03 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 7,271 | $383.85 | $2.8M |
| 2026-08-03 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 15.9K | $383.09 | $6.1M |
| 2026-08-03 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 22.7K | $382.17 | $8.7M |
| 2026-07-31 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 17K | $377.44 | $6.4M |
| 2026-07-31 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 26.2K | $378.42 | $9.9M |
| 2026-06-17 | Malcolm Mark (Director) | Discretionary sale | 2,270 | $365.00 | $829K |
| 2026-06-17 | Malcolm Mark (Director) | Discretionary sale | 3,210 | $365.00 | $1.2M |
| 2026-05-12 | Burns Mark Lagrand (Officer) | Discretionary sale | 2,565 | $345.93 | $887K |
| 2026-05-12 | Burns Mark Lagrand (Officer) | Discretionary sale | 33.9K | $345.24 | $11.7M |
| 2026-05-11 | Burns Mark Lagrand (Officer) | Discretionary sale | 7,589 | $342.83 | $2.6M |
| 2026-05-11 | Burns Mark Lagrand (Officer) | Discretionary sale | 28.6K | $343.66 | $9.8M |
| 2026-03-11 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 9,907 | $353.75 | $3.5M |
| 2026-03-11 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 23K | $354.24 | $8.2M |
| 2026-03-11 | Gallopoulos Gregory S (Officer) | Discretionary sale | 3,729 | $354.35 | $1.3M |
| 2026-03-11 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 3,819 | $353.50 | $1.4M |
| 2026-03-11 | Burns Mark Lagrand (Officer) | Discretionary sale | 10.2K | $354.95 | $3.6M |
| 2026-02-13 | Rayha Mark (Officer) | Discretionary sale | 4,370 | $348.79 | $1.5M |
| 2025-12-17 | Paddock David (Officer) | Discretionary sale | 3,465 | $335.12 | $1.2M |
| 2025-12-17 | Paddock David (Officer) | Discretionary sale | 16.9K | $334.88 | $5.7M |
| 2025-11-20 | Rayha Mark (Officer) | Discretionary sale | 100 | $339.90 | $34K |
| 2025-09-12 | Malcolm Mark (Director) | Discretionary sale | 3,220 | $329.45 | $1.1M |
| 2025-08-25 | Brady Christopher J (Officer) | Discretionary sale | 8,150 | $321.18 | $2.6M |
| 2025-08-22 | Malcolm Mark (Director) | Discretionary sale | 1,210 | $319.04 | $386K |
| 2025-08-18 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 10.5K | $314.43 | $3.3M |
| 2025-08-18 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 118.6K | $313.50 | $37.2M |
| 2025-08-14 | Moss William A (Officer) | Discretionary sale | 8,780 | $316.48 | $2.8M |
| 2025-08-14 | Moss William A (Officer) | Discretionary sale | 8,920 | $316.32 | $2.8M |
| 2025-08-08 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 33.7K | $315.20 | $10.6M |
| 2025-08-04 | Paddock David (Officer) | Discretionary sale | 6,170 | $312.26 | $1.9M |
| 2025-07-28 | DE LEON RUDY F (Director) | Discretionary sale | 2,270 | $312.63 | $710K |
| 2025-07-28 | DE LEON RUDY F (Director) | Discretionary sale | 3,220 | $312.93 | $1M |
| 2025-07-28 | Burns Mark Lagrand (Officer) | Discretionary sale | 19.8K | $311.85 | $6.2M |
| 2025-07-28 | Burns Mark Lagrand (Officer) | Discretionary sale | 24.1K | $312.62 | $7.5M |
| 2025-07-25 | Burns Mark Lagrand (Officer) | Discretionary sale | 7,715 | $313.23 | $2.4M |
| 2025-07-25 | Burns Mark Lagrand (Officer) | Discretionary sale | 24.8K | $314.17 | $7.8M |
| 2025-07-25 | Wall Peter A (Director) | Discretionary sale | 2,270 | $312.79 | $710K |
| 2025-06-16 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 2,735 | $281.17 | $769K |
| 2025-06-16 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 4,904 | $280.04 | $1.4M |
| 2025-06-13 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 1,210 | $284.01 | $344K |
| 2025-06-13 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 177.6K | $283.12 | $50.3M |
| 2025-06-13 | Gallopoulos Gregory S (Officer) | Discretionary sale | 3,612 | $285.08 | $1M |
| 2025-06-13 | Gallopoulos Gregory S (Officer) | Discretionary sale | 8,109 | $283.00 | $2.3M |
| 2025-06-13 | Gallopoulos Gregory S (Officer) | Discretionary sale | 30.5K | $284.36 | $8.7M |
| 2025-03-10 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 2,822 | $272.41 | $769K |
| 2025-03-10 | Gilliland Marguerite Amy (Officer) | Discretionary sale | 24.7K | $272.08 | $6.7M |
| 2025-03-05 | NOVAKOVIC PHEBE N (CEO) | Discretionary sale | 32.7K | $263.48 | $8.6M |
| 2025-03-05 | Gallopoulos Gregory S (Officer) | Discretionary sale | 3,534 | $263.42 | $931K |
| 2025-01-31 | Schumacher Laura J (Director) | Discretionary sale | 1,796 | $255.68 | $459K |
| 2024-11-22 | Brady Christopher J (Officer) | Discretionary sale | 5,540 | $280.91 | $1.6M |
| 2024-09-16 | Wall Peter A (Director) | Discretionary sale | 1,320 | $308.05 | $407K |
| 2024-05-21 | Kuryea Kimberly A (CFO) | Discretionary sale | 482 | $298.17 | $144K |
| 2024-05-21 | Kuryea Kimberly A (CFO) | Discretionary sale | 1,134 | $300.87 | $341K |
| 2024-05-21 | Kuryea Kimberly A (CFO) | Discretionary sale | 1,335 | $299.00 | $399K |
| 2024-05-21 | Kuryea Kimberly A (CFO) | Discretionary sale | 3,934 | $300.00 | $1.2M |
| 2024-05-21 | Kuryea Kimberly A (CFO) | Discretionary sale | 6,459 | $296.38 | $1.9M |
| 2024-05-17 | Burns Mark Lagrand (Officer) | Discretionary sale | 12.1K | $296.59 | $3.6M |
| 2024-05-13 | Moss William A (Officer) | Discretionary sale | 8,240 | $294.95 | $2.4M |
| 2024-05-13 | Moss William A (Officer) | Discretionary sale | 12.8K | $294.78 | $3.8M |
| 2024-05-10 | Burns Mark Lagrand (Officer) | Discretionary sale | 6,016 | $296.58 | $1.8M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.