GENERAL DYNAMICS CORP false 0000040533 0000040533 2024-01-05 2024-01-05

 

 

 

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) January 5, 2024 (January 5, 2024)

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

11011 Sunset Hills Road, Reston, Virginia   20190
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Name of each exchange
on which registered

Common Stock   GD   New York Stock Exchange

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 5, 2024, General Dynamics Corporation (the “company”) issued a press release announcing:

 

   

Mark C. Roualet, Executive Vice President, Combat Systems, informed the company of his intent to retire on April 30, 2024;

 

   

Jason W. Aiken, currently Executive Vice President, Technologies, and Chief Financial Officer, will transition to Executive Vice President, Technologies, effective February 15, 2024; and

 

   

Kimberly A. Kuryea, currently Senior Vice President, Human Resources and Administration, will transition to Senior Vice President and Chief Financial Officer, effective February 15, 2024.

Compensation for Mr. Aiken and Ms. Kuryea in their new roles will be pursuant to the compensation program disclosed in the company’s proxy statement for the 2023 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 24, 2023, beginning on page 54. Elements will include a fixed base salary, annual incentive compensation, and long-term incentive compensation, which includes equity compensation. Consistent with the process described in the proxy statement, compensation and incentive amounts will be set during our annual compensation review process, with the intent that the compensation will be positioned competitively based on the role, executive experience, and other relevant market factors.

A copy of a press release issued by the company regarding these matters is attached as Exhibit 99.1 to this Form 8-K and incorporated herein.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)

Exhibits

 

99.1    Press Release
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

GENERAL DYNAMICS CORPORATION
By:  

/s/ Gregory S. Gallopoulos

  Gregory S. Gallopoulos
 

Senior Vice President, General Counsel and

Secretary

(Authorized Officer)

Dated: January 5, 2024