Gilead Sciences (GILD) CFO sells 3,000 shares in pre-set 10b5-1 plan
Rhea-AI Filing Summary
Gilead Sciences Chief Financial Officer Andrew D. Dickinson carried out an open-market sale of 3,000 shares of common stock on July 15, 2026 at an average price of $129.9256 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, and he continues to hold 168,646 shares directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 3,000 shares ($389,777)
Net Sell
1 txn
Insider
Dickinson Andrew D
Role
Chief Financial Officer
Sold
3,000 shs ($390K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $129.9256 | $390K |
Holdings After Transaction:
Common Stock — 168,646 shares (Direct)
Footnotes (1)
- The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024. Sale prices for the transactions reported range from $129.45 to $130.08. 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.
Key Figures
Shares sold: 3,000 shares
Average sale price: $129.9256 per share
Holdings after transaction: 168,646 shares
+1 more
4 metrics
Shares sold
3,000 shares
Open-market sale of common stock on July 15, 2026
Average sale price
$129.9256 per share
Price received in the reported open-market sale
Holdings after transaction
168,646 shares
Directly held Gilead Sciences common stock following the sale
Sale price range
$129.45–$130.08 per share
Range of prices for individual trades within the reported sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, non-derivative, beneficial ownership
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" for the non-derivative common stock"
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.
non-derivative financial
"transaction_type":"non-derivative" indicating common stock rather than options or other derivatives"
beneficial ownership financial
"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"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gilead Sciences (GILD) report for its CFO?
Gilead Sciences reported that CFO Andrew D. Dickinson sold 3,000 shares of common stock in an open-market sale on July 15, 2026. The average sale price was $129.9256 per share, and the transaction was made under a Rule 10b5-1 trading plan.
Was the Gilead Sciences (GILD) CFO sale made under a Rule 10b5-1 plan?
Yes. The filing notes the sale was executed under a Rule 10b5-1 trading plan adopted on August 29, 2024. Such pre-arranged plans automate trades, meaning the timing of this 3,000-share sale was predetermined rather than a discretionary market decision.
What type of security was involved in the GILD CFO’s Form 4 transaction?
The transaction involved Common Stock of Gilead Sciences. It was reported as a non-derivative open-market sale, code “S,” meaning it did not involve options or other derivatives, and directly reduced the CFO’s common share holdings by 3,000 shares.