STOCK TITAN

Gilead (NASDAQ: GILD) director sells 18,000 shares via 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GILEAD SCIENCES, INC. (GILD) director Anthony Welters reported an exercise-and-sell transaction on August 26, 2026. He exercised non-qualified stock options covering 18,000 shares of common stock at exercise prices of $60.67 and $61.35 per share, acquiring 18,000 shares. He then sold 18,000 shares of GILD common stock in multiple open-market trades at prices ranging from $147.57 to $149.58 per share, pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026.

Positive

  • None.

Negative

  • None.
Insider WELTERS ANTHONY
Role Director
Sold 18,000 shs ($2.68M)
Approx. gross sale proceeds $2.68M
Approx. exercise cost $1.10M
Approx. pre-tax spread $1.58M
Type Security Shares Price Value
Exercise Non-qualified Stock Option (Right to Buy) F1, F6 7,718 $0.00 $0.00
Exercise Non-qualified Stock Option (Right to Buy) F1, F7 10,282 $0.00 $0.00
Exercise Common Stock F1 7,718 $60.67 $468K
Sale Common Stock F1, F2 3,118 $148.3106 $462K
Sale Common Stock F1, F3 4,600 $148.824 $685K
Exercise Common Stock F1 10,282 $61.35 $631K
Sale Common Stock F1, F4 3,402 $148.2353 $504K
Sale Common Stock F1, F5 6,880 $148.8227 $1.02M
Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 5,569 shares (Direct); Common Stock — 12,894 shares (Direct)
Footnotes (7)
  1. F1. The transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026.
  2. F2. Sale prices for the transactions reported range from $147.58 to $148.5799. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
  3. F3. Sale prices for the transactions reported range from $148.58 to $149.5799. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
  4. F4. Sale prices for the transactions reported range from $147.57 to $148.5699. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
  5. F5. Sale prices for the transactions reported range from $148.57 to $149.5699. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
  6. F6. 100% of the shares subject to the stock option vested immediately upon the grant date of October 22, 2020.
  7. F7. 25% of the shares subject to the option vested on each three-month anniversary measured from October 22, 2020 such that 100% of the shares subject to the option were fully vested and exercisable on October 22, 2021.
Options Exercised 18,000 shares of common stock Exercised from non-qualified stock options on August 26, 2026
Sell Transactions 18,000 shares of common stock Total shares sold in open-market transactions on August 26, 2026
Exercise Price $60.67 per share Non-qualified stock option with expiration October 22, 2030
Exercise Price $61.35 per share Non-qualified stock option with expiration May 5, 2032
Sale Price Range $147.58 to $148.5799 per share Price range for one set of reported sales on August 26, 2026
Sale Price Range $148.58 to $149.5799 per share Price range for another set of reported sales on August 26, 2026
Rule 10b5-1 Plan Adoption Date May 27, 2026 Date the trading plan governing these transactions was adopted
Non-qualified Stock Option financial
"Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Rule 10b5-1 trading plan regulatory
"made pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction"

FAQ

What insider transaction did GILD director Anthony Welters report?

Anthony Welters reported exercising non-qualified stock options for 18,000 shares of Gilead Sciences common stock and selling 18,000 shares in open-market transactions on August 26, 2026, as disclosed in a Form 4.

At what prices were Anthony Welters’ GILD stock options exercised and shares sold?

Welters exercised options with exercise prices of $60.67 and $61.35 per share. He sold 18,000 shares of GILD common stock in multiple trades at prices ranging from $147.57 to $149.58 per share.

How many GILD shares did Anthony Welters sell in this Form 4 filing?

He sold a total of 18,000 shares of Gilead Sciences common stock, executed through several open-market transactions on August 26, 2026, according to the Form 4 transaction summary.

Were Anthony Welters’ GILD trades under a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026, indicating they were pre-arranged under that plan.

What types of securities were involved in Anthony Welters’ GILD Form 4?

The filing shows derivative securities in the form of non-qualified stock options that were exercised into 18,000 shares of common stock, followed by sales of those common shares in the open market.

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
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WELTERS ANTHONY

(Last)(First)(Middle)
333 LAKESIDE DRIVE

(Street)
FOSTER CITY CALIFORNIA 94404

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GILEAD SCIENCES, INC. [ GILD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/26/2026M(1)7,718A$60.6720,612D
Common Stock08/26/2026S(1)3,118D$148.3106(2)17,494D
Common Stock08/26/2026S(1)4,600D$148.824(3)12,894D
Common Stock08/26/2026M(1)10,282A$61.3523,176D
Common Stock08/26/2026S(1)3,402D$148.2353(4)19,774D
Common Stock08/26/2026S(1)6,880D$148.8227(5)12,894D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-qualified Stock Option (Right to Buy)$60.6708/26/2026M(1)7,718 (6)10/22/2030Common Stock7,718$00D
Non-qualified Stock Option (Right to Buy)$61.3508/26/2026M(1)10,282 (7)05/05/2032Common Stock10,282$05,569D
Explanation of Responses:
1. The transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026.
2. Sale prices for the transactions reported range from $147.58 to $148.5799. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
3. Sale prices for the transactions reported range from $148.58 to $149.5799. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
4. Sale prices for the transactions reported range from $147.57 to $148.5699. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
5. Sale prices for the transactions reported range from $148.57 to $149.5699. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
6. 100% of the shares subject to the stock option vested immediately upon the grant date of October 22, 2020.
7. 25% of the shares subject to the option vested on each three-month anniversary measured from October 22, 2020 such that 100% of the shares subject to the option were fully vested and exercisable on October 22, 2021.
Remarks:
/s/ Amy Kim by Power of Attorney for Anthony Welters08/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)