Company Director at $GD dumps 2,270 shares in insider sale
Leon Rudy F De, a director at the company with the ticker symbol $GD, recently divested 2,270 shares on 07-28-2025 for a total amount of approximately $709,676. This transaction, which represented approximately 29.3% of their holdings in this particular class of stock, was disclosed in a recent filing with the Securities and Exchange Commission. Following this sale, Leon Rudy F De currently holds 5,483 shares of $GD stock within this class.
Over the past six months, insiders at $GD have actively traded the company’s stock, engaging in a total of 18 transactions. Notably, all 18 transactions were sales, with no purchases recorded during this period. Among the key insiders involved in these transactions are Phebe N Novakovic, the Chairman and CEO, who completed five sales totaling 219,155 shares valued at approximately $61,385,620. Additionally, Mark LaGrand Burns, the Executive Vice President, executed four sales of 76,420 shares amounting to an estimated $23,918,609.
Furthermore, the Senior Vice President, General Counsel, and Secretary of $GD, Gregory S Gallopoulos, recorded three sales of 42,230 shares, with an approximate value of $12,000,230. Marguerite Amy Gilliland, another Senior Vice President, divested 27,562 shares over two transactions, totaling around $7,499,901. Apart from Leon Rudy F De’s recent sale, they also conducted another divestment of 5,490 shares, adding up to $1,717,311. In addition, Peter A. Wall disposed of 2,270 shares for an estimated $710,037, while Laura J. Schumacher sold 1,796 shares valued at $459,204.
Shifting focus to hedge fund activities related to $GD, it is noteworthy that 869 institutional investors increased their holdings of $GD stock, while 777 decreased their positions in the most recent quarter. Several significant moves were observed in this period, including Wellington Management Group LLP reducing their holdings by 4,587,544 shares (representing a 55.2% reduction in their portfolio) in Q1 2025, with an estimated value of $1,250,472,743. Conversely, Bank of America Corp added 1,307,677 shares (up 17.7% in their portfolio) valued at approximately $356,446,596 during the same quarter.