Gilead CFO sells $435,870 in stock under plan
Gilead Sciences’ CFO reported a Rule 10b5-1–planned sale of 3,000 shares, retaining over 160,000 shares afterward.
Rhea-AI Filing Summary
Gilead Sciences, Inc. (GILD) reported that Chief Financial Officer Andrew D. Dickinson sold 3,000 shares of common stock on September 15, 2026 at $145.29 per share in an open-market transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024, and left him holding 164,096 shares directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Dickinson Andrew D
Role
Chief Financial Officer
Sold
3,000 shs ($436K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,000 | $145.29 | $436K |
Holdings After Transaction:
Common Stock — 164,096 shares (Direct)
Footnotes (1)
- F1. The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024.
Key Figures
Shares sold: 3,000 shares
Sale price per share: $145.29 per share
Transaction value: $435,870
+2 more
5 metrics
Shares sold
3,000 shares
Common stock sale reported for September 15, 2026
Sale price per share
$145.29 per share
Open-market sale by CFO on September 15, 2026
Transaction value
$435,870
3,000 shares sold at $145.29 per share
Shares held after transaction
164,096 shares
Direct holdings of CFO after September 15, 2026 sale
Rule 10b5-1 plan adoption date
August 29, 2024
Trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, open market, Form 4
3 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 market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GILD report for its CFO?
Gilead Sciences reported that CFO Andrew D. Dickinson sold 3,000 shares of common stock on September 15, 2026 at $145.29 per share in an open-market transaction, as disclosed in a Form 4 filing.
Is the GILD CFO’s ownership reported as direct or indirect?
The Form 4 reports the CFO’s remaining 164,096 shares as held with direct ownership, meaning they are not reported through a separate entity or trust in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.