Phebe N Novakovic sells $3.5M of GD
Phebe N Novakovic, Chairman and CEO of General Dynamics, sold 9,907 shares at $353.75 per share for a total value of $3.5 million. Following the transaction, Novakovic holds 789,468 shares.
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Our Take
→General Dynamics CEO Novakovic sold 9,907 shares at $353.75, her first open-market sale since 2024. Defense prime CEOs rarely sell outside of scheduled plans; this transaction follows congressional budget resolution and suggests confidence that multiyear appropriations are locked.
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Filing Details — SEC Form 4
InsiderNOVAKOVIC PHEBE N
RoleChairman and CEO
TransactionOpen-Market Sale
Equity TypeNon-Derivative
Shares9,907
Price/Share$354
Total Value$3,504,552
Shares Owned After789,468
Filing DateMarch 13, 2026