Gilead (GILD) Officer RSU Grant and Share Disposition Reported
Rhea-AI Filing Summary
Gilead Sciences (GILD) Form 4 filed for Johanna Mercier, Chief Commercial Officer. The filing reports on 09/10/2025 the grant of 3,844 restricted stock units (RSUs), each representing the right to one share, and the sale/disposition of 1,819 shares at $115.25 per share. After these transactions Mercier beneficially owned 116,193 shares on a direct basis. The RSUs carry a four-year vesting schedule with 25% vesting at the first anniversary and the remainder vesting quarterly at 6.25% until fully vested. The Form 4 is signed by an authorized power of attorney on behalf of the reporting person.
Positive
- 3,844 restricted stock units granted, which supports executive retention through a standard four‑year vesting schedule
- Clear vesting schedule disclosed: 25% after one year and 6.25% quarterly thereafter, providing transparency on timing of potential share issuance
Negative
- Disposition of 1,819 shares at $115.25 reduced direct beneficial ownership to 116,193 shares
Insights
TL;DR: Routine executive equity activity showing a standard RSU grant and an unrelated share disposition.
The Form 4 documents a standard equity compensation action: a grant of 3,844 RSUs with a four-year vesting schedule and a contemporaneous disposition of 1,819 shares at $115.25. This pattern is consistent with regular compensation and portfolio management by an officer rather than a material corporate event. The filing is informational for shareholders tracking insider holdings and executive alignment with shareholder interests.
TL;DR: Compensation update confirming time‑based retention RSUs and a small sale at a disclosed price.
The grant specifies time‑based RSUs that vest 25% after one year and 6.25% quarterly thereafter, a customary schedule for retention. The disposition of 1,819 shares at $115.25 is recorded separately and reduces direct beneficial ownership to 116,193 shares. There is no disclosure of performance conditions or extraordinary terms in this filing.