Gilead CFO sells 3,000 shares under 10b5-1 plan
Gilead Sciences Chief Financial Officer sells shares under trading plan Gilead Sciences CFO Andrew D. Dickinson reported an open-market sale of 3,000 shares of common stock at $125.40 per share.
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Rhea-AI Filing Summary
Gilead Sciences Chief Financial Officer sells shares under trading plan
Gilead Sciences CFO Andrew D. Dickinson reported an open-market sale of 3,000 shares of common stock at $125.40 per share. After the sale, he directly holds 171,646 shares. The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024.
Insights
CFO’s pre-planned sale is small relative to remaining stake.
Gilead Sciences CFO Andrew D. Dickinson executed an open-market sale of 3,000 common shares at $125.40 per share. Following this trade, he continues to hold 171,646 shares directly, indicating that only a small portion of his equity position was sold.
The filing notes the sale occurred under a Rule 10b5-1 trading plan adopted on August 29, 2024. Such plans are pre-arranged, helping separate routine liquidity or diversification from discretionary market-timing decisions and generally reducing the informational weight of the trade’s timing for investors.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $125.40 | $376K |
Footnotes (1)
- F1. The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Form 4 regulatory
Common Stock financial
net-sell financial
FAQ
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What insider transaction did Gilead Sciences (GILD) report for its CFO?
Does the Gilead Sciences Form 4 show any option exercises or derivative transactions?
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