General Dynamics CEO Phebe Novakovic Sells $16.4 Million of Stock
General Dynamics Chairman and Chief Executive Phebe Novakovic sold 45,353 shares of the defense contractor's stock for $16.4 million on Nov. 5, according to a Form 4.
The shares were sold in six blocks at weighted average prices ranging from $360.052 to $365.605, the filing shows. Individual trades ranged from $360.00 to $365.695.
The largest block was 31,279 shares at a weighted average of $360.052. Another 8,935 shares sold at a weighted average of $365.605.
After the sales, Novakovic directly held 766,457 General Dynamics shares. She also holds shares indirectly through the company 401(k) plan and 30,000 shares through a limited liability company whose members are trusts for the benefit of her children, according to the Form 4.
The filing does not mark the sales as made under a Rule 10b5-1 trading plan.
By the numbers
- Shares sold: 45,353
- Sale value: $16,391,398
- Weighted average prices: $360.05 to $365.61
- Direct holding after the sales: 766,457 shares
Sources
- Form 4, Phebe N. Novakovic, General Dynamics Corporation, filed Nov. 9, 2026, accession 0001222195-26-000008
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