Gilead (GILD) officer adds RSUs, 35,880 stock options in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gilead Sciences’ Chief Comm & Corp Aff Officer Johanna Mercier reported routine equity compensation activity. She exercised 6,617 restricted stock units into the same number of common shares, with 3,216 shares withheld at a price of 148.5600 per share to cover tax obligations, leaving her with 134,779 common shares held directly.
Mercier also received new awards: 9,590 restricted stock units and 35,880 non-qualified stock options exercisable at 148.5600 per share and expiring on March 10, 2036. Both the RSUs and options vest over four years, with 25% vesting after one year and the remainder vesting 6.25% quarterly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,617 shares exercised/converted
Mixed
5 txns
Insider
Mercier Johanna
Role
Chief Comm & Corp Aff Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,617 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 9,590 | $0.00 | -- |
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 35,880 | $0.00 | -- |
| Exercise | Common Stock | 6,617 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,216 | $148.56 | $478K |
Holdings After Transaction:
Restricted Stock Unit — 21,057 shares (Direct);
Non-qualified Stock Option (Right to Buy) — 35,880 shares (Direct);
Common Stock — 137,995 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock. The restricted stock units have a four-year vesting schedule. 25% vest on the first anniversary of the date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested. The stock options have a four-year vesting schedule. 25% vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
FAQ
What insider transactions did Johanna Mercier report at Gilead Sciences (GILD)?
Johanna Mercier reported routine equity compensation transactions. She exercised 6,617 restricted stock units into common shares, had 3,216 shares withheld for taxes, and received new grants of 9,590 restricted stock units plus 35,880 stock options at an exercise price of 148.5600.
What new equity awards did Johanna Mercier receive from Gilead Sciences (GILD)?
Johanna Mercier received 9,590 restricted stock units and 35,880 non-qualified stock options. The options have an exercise price of 148.5600 per share and expire on March 10, 2036, providing long-term incentive exposure to Gilead’s common stock.
What are the vesting terms of Johanna Mercier’s new Gilead (GILD) RSUs and options?
Both the RSUs and options follow a four-year vesting schedule. According to the disclosure, 25% vest on the first anniversary of the grant date, and the remaining 75% vest in 6.25% quarterly installments until fully vested over the four-year period.
Was Johanna Mercier’s Form 4 at Gilead (GILD) an open-market stock sale?
The Form 4 does not report any open-market sale. Instead, 3,216 shares of common stock were disposed of under code F, meaning they were withheld by the company to pay tax liabilities related to the equity vesting, not sold in the market.