STOCK TITAN
  1. Home
  2. Sec-filings
  3. GILD
  4. [144] GILEAD SCIENCES, INC. SEC Filing

GILD (GILD) insider schedules 55,000-share stock sale and details 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of GILD filed to sell up to 55,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, with an indicated value of $7,161,550.00. The shares relate to Restricted Stock Units and Performance Stock Units dated 02/04/2025.

The filing also lists prior Rule 10b5-1 plan sales for Daniel O'Day, including 15,000 shares for $1,894,399.50 on 07/01/2026 and 15,000 shares for $1,971,846.00 on 06/01/2026.

Positive

  • None.

Negative

  • None.
Shares proposed to be sold 55,000 shares Common stock to be sold through Morgan Stanley Smith Barney LLC on NASDAQ
Indicated value of proposed sale $7,161,550.00 Aggregate value associated with the 55,000 shares of common stock
10b5-1 sale on 07/01/2026 15,000 shares for $1,894,399.50 Common stock sold under a Rule 10b5-1 trading plan
10b5-1 sale on 06/01/2026 15,000 shares for $1,971,846.00 Common stock sold under a Rule 10b5-1 trading plan
Equity award date 02/04/2025 Date associated with Restricted Stock Units and Performance Stock Units
Restricted Stock Units financial
"Restricted Stock Units and Performance Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Restricted Stock Units and Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
10b5-1 Sales regulatory
"10b5-1 Sales for DANIEL O'DAY 333 Lakeside Drive"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

FAQ

What does the Form 144 filing for GILD disclose?
The Form 144 discloses a planned sale of up to 55,000 shares of GILD common stock, with an indicated value of $7,161,550.00, related to equity awards and to be executed through a brokerage service on NASDAQ.

How many GILD shares are proposed to be sold under this Form 144?
The filing contemplates the sale of up to 55,000 shares of GILD common stock. These shares are tied to Restricted Stock Units and Performance Stock Units dated 02/04/2025 and are to be sold through Morgan Stanley Smith Barney LLC.

What is the approximate value of the GILD shares to be sold?
The proposed sale of up to 55,000 GILD shares is associated with an indicated value of $7,161,550.00. This figure reflects the estimated aggregate value for the planned transaction reported in the Form 144 filing.

What prior 10b5-1 plan sales for GILD stock are reported?
The filing notes two 10b5-1 plan sales for Daniel O'Day: 15,000 shares for $1,894,399.50 on 07/01/2026 and 15,000 shares for $1,971,846.00 on 06/01/2026, both involving GILD common stock.

What type of equity awards underlie the GILD shares in this Form 144?
The shares in this Form 144 are linked to Restricted Stock Units and Performance Stock Units dated 02/04/2025. These equity awards represent rights to receive GILD common stock, which can later be sold once they are eligible.

Which broker is handling the planned GILD share sale?
The planned sale of up to 55,000 GILD shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, with trading on NASDAQ.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR