UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 9, 2025 (
(Exact Name of Registrant as Specified in Its Charter)
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Securities registered pursuant to Section 12(b) of the Act:
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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. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 4, 2025, General Dynamics Corporation (the “company”) announced that Danny Deep, currently executive vice president, Combat Systems, has been promoted to executive vice president, Global Operations. The company also determined the compensation arrangement for Mr. Deep’s new position. His base salary will be $1,200,000. His target annual incentive opportunity will be at 130% of his base salary. His long-term incentive, which is comprised of equity compensation, will be set pursuant to the approach described in the company’s proxy statement for the 2025 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 28, 2025, beginning on page 52.
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: June 9, 2025 | ||||||