General Dynamics Reports on Shareholder Vote Matters
Ticker: GD · Form: 8-K · Filed: May 3, 2024 · CIK: 40533
| Field | Detail |
|---|---|
| Company | General Dynamics Corp (GD) |
| Form Type | 8-K |
| Filed Date | May 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: GDX
TL;DR
GDX filed an 8-K on shareholder votes, check it out.
AI Summary
General Dynamics Corporation filed an 8-K on May 3, 2024, reporting on the submission of matters to a vote of security holders. The filing indicates that the earliest event reported occurred on May 1, 2024. The company is incorporated in Delaware and its principal executive offices are located in Reston, Virginia.
Why It Matters
This filing informs investors about important corporate actions that require shareholder approval, impacting corporate governance and strategic decisions.
Risk Assessment
Risk Level: low — This is a routine filing regarding shareholder votes and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- GENERAL DYNAMICS CORP (company) — Registrant
- May 3, 2024 (date) — Date of Report
- May 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 11011 Sunset Hills Road Reston, Virginia 20190 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the submission of matters to a vote of security holders.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on May 1, 2024.
In which state is General Dynamics Corporation incorporated?
General Dynamics Corporation is incorporated in Delaware.
What is the address of General Dynamics Corporation's principal executive offices?
The address of General Dynamics Corporation's principal executive offices is 11011 Sunset Hills Road, Reston, Virginia 20190.
What is the telephone number for General Dynamics Corporation's principal executive offices?
The telephone number for General Dynamics Corporation's principal executive offices is (703) 876-3000.
Filing Stats: 685 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-05-03 09:04:32
Filing Documents
- gd-20240503.htm (8-K) — 69KB
- gd-20240503_g1.gif (GRAPHIC) — 3KB
- 0000040533-24-000017.txt ( ) — 228KB
- gd-20240503.xsd (EX-101.SCH) — 2KB
- gd-20240503_def.xml (EX-101.DEF) — 14KB
- gd-20240503_lab.xml (EX-101.LAB) — 25KB
- gd-20240503_pre.xml (EX-101.PRE) — 15KB
- gd-20240503_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders The results of voting on Proposals 1 through 4, as numbered in General Dynamics Corporation's (the "Company") 2024 Proxy Statement submitted to the Company's shareholders for consideration at the Annual Meeting of Shareholders held on May 1, 2024, are set forth below. Proposal 1. In an uncontested election, each of the following nominees was elected to the Board of Directors (the "Board") of the Company. For Against Abstain Broker Non-Votes Richard D. Clarke 215,990,703 3,791,425 221,488 25,088,537 Rudy F. deLeon 216,167,054 3,420,030 416,532 25,088,537 Cecil D. Haney 196,566,017 23,210,633 226,966 25,088,537 Charles W. Hooper 218,032,563 1,748,963 222,090 25,088,537 Mark M. Malcolm 218,223,542 1,356,124 423,950 25,088,537 James N. Mattis 215,257,064 4,526,611 219,941 25,088,537 Phebe N. Novakovic 211,984,672 7,814,982 203,962 25,088,537 C. Howard Nye 215,905,448 3,866,393 231,775 25,088,537 Catherine B. Reynolds 217,242,989 2,318,256 442,371 25,088,537 Laura J. Schumacher 213,559,328 6,239,124 205,164 25,088,537 Robert K. Steel 215,991,184 3,778,863 233,569 25,088,537 John G. Stratton 202,232,208 17,535,393 236,015 25,088,537 Peter A. Wall 215,007,413 4,764,647 231,556 25,088,537 Proposal 2. Shareholders approved, on an advisory basis, the selection of KPMG LLP as the Company's independent auditor for 2024. For Against Abstain Broker Non-Votes Advisory Vote to Approve KPMG as Independent Auditor 237,905,657 6,951,869 234,627 — Proposal 3. Shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers ("NEOs"), as disclosed pursuant to Item 402 of Regulation S-K and contained in the 2024 Proxy Statement, including the Compensation Discussion and Analysis, compensation tables, accompanying footnotes and narrative discussion. For Against Abstain Broker Non-Votes Advisory Vote to Approve
Executive Compensation
Executive Compensation 210,546,455 8,966,442 490,719 25,088,537 2 Proposal 4. Shareholders rejected a shareholder proposal requesting that the Board adopt a policy to seek shareholder approval of new or renewed pay packages for NEOs that provide for golden parachute payments with an estimated value exceeding 2.99 times the sum of the executive's base salary plus target short-term bonus. For Against Abstain Broker Non-Votes Shareholder Proposal regarding a Vote on Excessive Golden Parachutes 7,814,766 211,571,501 617,349 25,088,537 3
SIGNATURES
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 thereunto duly authorized. GENERAL DYNAMICS CORPORATION by /s/ Gregory S. Gallopoulos Gregory S. Gallopoulos Senior Vice President, General Counsel and Secretary (Authorized Officer) Dated: May 3, 2024 4