Gilead (NASDAQ: GILD) director receives new stock option and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gilead Sciences director Kelly A. Kramer received new equity awards as compensation. On April 30, 2026, Kramer was granted a non-qualified stock option covering 4,884 shares of Gilead common stock at an exercise price of $130.84 per share, expiring in 2036, with all shares vesting immediately on the grant date.
On the same date, Kramer also received 1,146 restricted stock units, each representing the right to receive one share of Gilead common stock. These RSUs vested 100% immediately at grant. Following the RSU award, Kramer’s reported RSU holdings totaled 20,256 units. These are awards from the company, not open‑market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kramer Kelly A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,146 | $0.00 | -- |
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 4,884 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 20,256 shares (Direct, null);
Non-qualified Stock Option (Right to Buy) — 4,884 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock. 100% of the restricted stock units vested immediately upon the grant date of April 30, 2026. 100% of the shares subject to the stock option vested immediately upon the grant date of April 30, 2026.
Key Figures
Stock options granted: 4,884 options
Option exercise price: $130.84 per share
Option expiration: April 30, 2036
+4 more
7 metrics
Stock options granted
4,884 options
Non-qualified stock option grant on April 30, 2026
Option exercise price
$130.84 per share
Exercise price for 4,884 non-qualified stock options
Option expiration
April 30, 2036
Expiration date of newly granted stock options
RSUs granted
1,146 units
Restricted Stock Unit award on April 30, 2026
RSUs outstanding after grant
20,256 units
Total reported RSU balance following the transaction
RSU vesting
100% at grant
All RSUs vested immediately on April 30, 2026
Option vesting
100% at grant
All option shares vested immediately on April 30, 2026
Key Terms
Non-qualified Stock Option, Restricted Stock Unit, contingent right, vested immediately, +1 more
5 terms
Non-qualified Stock Option financial
"Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Restricted Stock Unit financial
"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.
contingent right financial
"represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock"
vested immediately financial
"100% of the restricted stock units vested immediately upon the grant date"
exercise price financial
"conversion_or_exercise_price: 130.8400"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did GILD director Kelly A. Kramer receive?
Kelly A. Kramer received a grant of 4,884 non-qualified stock options and 1,146 restricted stock units. Both awards relate to Gilead Sciences common stock and were issued as compensation rather than open-market purchases or sales.
What is the exercise price and term of Kelly Kramer’s new GILD stock options?
Kramer’s non-qualified stock options have an exercise price of $130.84 per share and expire on April 30, 2036. These options give the right to buy Gilead Sciences (GILD) common stock at that fixed price until expiration.
How do the new restricted stock units for GILD’s Kelly Kramer work?
Each restricted stock unit represents the right to receive one share of Gilead Sciences common stock. Kramer received 1,146 RSUs that vested immediately, turning into an equivalent number of common shares deliverable under the company’s equity compensation terms.
Did Kelly Kramer’s GILD equity awards vest immediately?
Yes. Both awards vested 100% on April 30, 2026. The 1,146 restricted stock units and all 4,884 option shares became fully vested at grant, meaning no further service or performance conditions are required for vesting.
How many GILD restricted stock units does Kelly Kramer hold after this grant?
After the April 30, 2026 grant, Kramer’s reported restricted stock unit balance totaled 20,256 units. Each unit is tied to one share of Gilead Sciences common stock, reflecting his accumulated RSU-based equity compensation position.