[Form 4] Gilead Sciences Inc Insider Trading Activity
Gilead Sciences insider Diane E. Wilfong, identified as Interim Corporate Controller & CAO, reported transactions on 09/10/2025. She was credited with 921 restricted stock units (RSUs) that represent rights to 921 shares subject to a four-year vesting schedule (25% at year one, then 6.25% quarterly). The filing also shows a disposition of 338 shares at a price of $115.25 each. After the transactions, Ms. Wilfong directly beneficially owns 46,259 common shares and holds 7,864 RSUs outstanding. The Form 4 is signed by power of attorney on 09/11/2025.
- 921 RSUs granted/credited representing potential alignment of executive and shareholder interests as they vest
- Clear disclosure of vesting schedule: 25% at first anniversary, then 6.25% quarterly
- None.
Insights
TL;DR: Routine equity compensation vesting with a small open-market sale; immaterial to company valuation.
The reported activity reflects standard executive compensation mechanics: grant and vesting of RSUs plus an isolated sale of a small block of shares at $115.25. The addition of 921 RSUs increases potential future dilution only as they vest, and the filing shows 7,864 outstanding RSUs for this reporting person. The 338-share disposition is small relative to a public company and does not change disclosed direct ownership materially (46,259 shares held post-transaction). There are no indications of accelerated vesting, loans, or derivative strategies that would raise governance or liquidity concerns.
TL;DR: Disclosure aligns with Section 16 reporting; vesting schedule and sale are documented and routine.
The Form 4 provides clear description of the RSU terms (one share per unit, four-year schedule with 25% after one year and 6.25% quarterly thereafter) and reports the acquisition and disposition codes appropriately. Signature by power of attorney is noted and acceptable. From a governance perspective, the filing meets transparency expectations for insider holdings and transactions; no unusual timing, related-party transfers, or plan-based exceptions are disclosed.