=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-31
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
--- Reporting Owner ---
Name: NOVAKOVIC PHEBE N
CIK: 0001222195
Role: Director, Officer (Chairman and CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-07-31 | Code: M (Exercise of derivative)
Shares: +166,660 | Price: $165.47
Total Value: $27,577,230.20
Shares Owned After: 933,117 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-07-31 | Code: F (Payment of exercise/tax)
Shares: -115,092 | Price: $379.17
Total Value: $43,639,433.64
Shares Owned After: 818,025 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-08-03 | Code: S (Open market sale)
Shares: -5,673 | Price: $381.17
Total Value: $2,162,377.41
Shares Owned After: 812,352 | Ownership: D (Direct)
Footnotes:
[F1] Sale prices ranged from $380.575 to $381.56. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
[Transaction #4]
Security: Common Stock
Date: 2026-08-03 | Code: S (Open market sale)
Shares: -22,707 | Price: $382.17
Total Value: $8,677,820.65
Shares Owned After: 789,645 | Ownership: D (Direct)
Footnotes:
[F2] Sale prices ranged from $381.575 to $382.56. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
[Transaction #5]
Security: Common Stock
Date: 2026-08-03 | Code: S (Open market sale)
Shares: -15,917 | Price: $383.09
Total Value: $6,097,659.45
Shares Owned After: 773,728 | Ownership: D (Direct)
Footnotes:
[F3] Sale prices ranged from $382.58 to $383.575. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
[Transaction #6]
Security: Common Stock
Date: 2026-08-03 | Code: S (Open market sale)
Shares: -7,271 | Price: $383.85
Total Value: $2,790,987.89
Shares Owned After: 766,457 | Ownership: D (Direct)
Footnotes:
[F4] Sale prices ranged from $383.62 to $384.07. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Options
Date: 2026-07-31 | Code: M (Exercise of derivative)
Shares: -166,660 | Price: $0.00
Exercisable: N/A | Expires: 2030-03-03
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F7] Fifty percent became exercisable on 03/04/2022, and the remaining fifty percent became exercisable on 03/04/2023.
--- Holdings ---
[Holding #1]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F5] Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
[Holding #2]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F6] Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children.
--- Footnotes (Complete Index) ---
F1: Sale prices ranged from $380.575 to $381.56. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
F2: Sale prices ranged from $381.575 to $382.56. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
F3: Sale prices ranged from $382.58 to $383.575. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
F4: Sale prices ranged from $383.62 to $384.07. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
F5: Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
F6: Represents shares held by a limited liability company for which the Reporting Person serves as a manager and the members of which are trusts for the benefit of the Reporting Person's children.
F7: Fifty percent became exercisable on 03/04/2022, and the remaining fifty percent became exercisable on 03/04/2023.
--- Signature ---
/s/ Nicholas R. Barnaby, by Power of Attorney (2026-08-04)