Gilead Sciences (NASDAQ: GILD) CFO sells 3,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gilead Sciences’ Chief Financial Officer Andrew D. Dickinson reported an open-market sale of company stock. On this Form 4, he sold 3,000 shares of Gilead Sciences common stock at a price of $140.96 per share.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2024, indicating it was scheduled in advance. Following this sale, Dickinson continues to hold 176,191 shares of Gilead Sciences common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares ($422,880)
Net Sell
1 txn
Insider
Dickinson Andrew D
Role
Chief Financial Officer
Sold
3,000 shs ($423K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $140.96 | $423K |
Holdings After Transaction:
Common Stock — 176,191 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,000 shares
Sale price per share: $140.96 per share
Shares held after transaction: 176,191 shares
3 metrics
Shares sold
3,000 shares
Open-market sale of Gilead Sciences common stock
Sale price per share
$140.96 per share
Price received in the April 15, 2026 transaction
Shares held after transaction
176,191 shares
Direct holdings of CFO Andrew D. Dickinson following the sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan"
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Gilead Sciences (GILD) report for its CFO?
Gilead Sciences’ CFO Andrew D. Dickinson reported selling 3,000 shares of common stock. The shares were sold in an open-market transaction at $140.96 per share, as disclosed in a Form 4 insider trading report.
What type of transaction did the Gilead Sciences (GILD) CFO execute?
The CFO executed an open-market sale of Gilead Sciences common stock. The Form 4 identifies the transaction code as “S”, meaning a sale in the open market or a private transaction, covering 3,000 shares at $140.96 each.