Gilead Sciences (GILD) EVP converts 6,002 RSUs, with 2,908 shares withheld
Rhea-AI Filing Summary
Gilead Sciences, Inc. executive Keeley M Cain Wettan, EVP Gen Counsel, Legal & Comp, reported a derivative exercise on restricted stock units. On 2026-08-10, 6,002 restricted stock units converted into 6,002 shares of common stock, and 2,908 common shares at $133.06 per share were delivered or withheld for payment of exercise price or tax liability. Following the transaction, the reporting person held 13,995 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,094 shares
Net Buy
3 txns
Insider
Cain Wettan Keeley M
Role
EVP Gen Counsel, Legal & Comp
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 6,002 | -- | -- |
| Exercise | Common Stock F1 | 6,002 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 2,908 | $133.06 | $387K |
Holdings After Transaction:
Restricted Stock Unit — 13,995 shares (Direct);
Common Stock — 8,454 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.
- F2. The restricted stock units have a three-year vesting schedule. 33.33% vest on each yearly anniversary of the date of grant until fully vested.
Key Figures
RSUs Exercised: 6,002 restricted stock units
Common Shares Received: 6,002 shares
Shares Delivered/Withheld: 2,908 shares at $133.06 per share
+1 more
4 metrics
RSUs Exercised
6,002 restricted stock units
Restricted stock units converted into common stock on 2026-08-10
Common Shares Received
6,002 shares
Common stock acquired upon RSU conversion on 2026-08-10
Shares Delivered/Withheld
2,908 shares at $133.06 per share
Payment of exercise price or tax liability related to RSU exercise
RSUs Held After Transaction
13,995 restricted stock units
Direct RSU holdings following the reported transactions
Key Terms
Restricted Stock Unit, three-year vesting schedule, Payment of exercise price or tax liability
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
three-year vesting schedule financial
"The restricted stock units have a three-year vesting schedule. 33.33% vest"
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GILD executive Keeley M Cain Wettan report on this Form 4?
Keeley M Cain Wettan reported the exercise of 6,002 restricted stock units, receiving 6,002 common shares, with an additional 2,908 shares delivered or withheld to cover exercise price or tax liability at $133.06 per share.
How many GILD restricted stock units were exercised in this filing?
The filing shows that 6,002 restricted stock units were exercised, each unit converting into one share of Gilead Sciences common stock. These units are subject to a three-year vesting schedule with 33.33% vesting on each yearly anniversary of the grant date.
How many GILD restricted stock units does the reporting person hold after this transaction?
After the reported transactions, the reporting person directly holds 13,995 restricted stock units. Each unit represents the contingent right to receive one share of Gilead Sciences common stock, subject to the applicable vesting schedule described in the footnotes.
Was this GILD Form 4 transaction a market sale or purchase?
The reported activity reflects a derivative exercise of restricted stock units and a related share delivery or withholding for exercise price or tax liability, rather than an open-market purchase or sale. The Form 4 does not report any code “P” purchase or “S” sale transactions.