Director at Gilead (NASDAQ: GILD) receives new equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gilead Sciences director Ted W. Love received new equity awards as part of his compensation. On April 30, 2026, he was granted 1,146 restricted stock units under the 2022 Equity Incentive Plan. Each RSU represents one share of common stock and vested immediately on the grant date.
On the same date, he was also granted a non-qualified stock option for 4,884 shares of common stock at an exercise price of $130.84 per share, with all shares under the option vesting immediately and expiring on April 30, 2036. Following these awards, he directly holds 5,484 common shares and 4,884 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LOVE TED W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 4,884 | $0.00 | -- |
| Grant/Award | Common Stock | 1,146 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 4,884 shares (Direct, null);
Common Stock — 5,484 shares (Direct, null)
Footnotes (1)
- Represents 1,146 restricted stock units ("RSUs") granted under the Gilead Sciences, Inc. 2022 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock. The RSUs 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
RSUs granted: 1,146 units
Option shares granted: 4,884 shares
Option exercise price: $130.84 per share
+3 more
6 metrics
RSUs granted
1,146 units
Restricted stock units granted April 30, 2026; vested immediately
Option shares granted
4,884 shares
Non-qualified stock option granted April 30, 2026
Option exercise price
$130.84 per share
Exercise price of non-qualified stock option
Option expiration
April 30, 2036
Expiration date of non-qualified stock option
Shares held after transaction
5,484 shares
Common stock directly owned after April 30, 2026 awards
Options held after transaction
4,884 options
Non-qualified stock options directly owned after grant
Key Terms
restricted stock units ("RSUs"), Non-qualified Stock Option (Right to Buy), 2022 Equity Incentive Plan, exercise price
4 terms
restricted stock units ("RSUs") financial
"Represents 1,146 restricted stock units ("RSUs") granted under the Gilead Sciences, Inc. 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-qualified Stock Option (Right to Buy) financial
"Non-qualified Stock Option (Right to Buy) with 4,884 shares at an exercise price of $130.8400."
2022 Equity Incentive Plan financial
"RSUs granted under the Gilead Sciences, Inc. 2022 Equity Incentive Plan."
exercise price financial
"conversion_or_exercise_price: "130.8400" for the stock option grant."
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 did Gilead (GILD) director Ted W. Love acquire in this Form 4?
Ted W. Love received equity awards as compensation, not open-market purchases. He was granted 1,146 restricted stock units and a non-qualified stock option for 4,884 shares, both dated April 30, 2026, under Gilead’s 2022 Equity Incentive Plan.
How many Gilead (GILD) restricted stock units were granted to Ted W. Love?
Ted W. Love was granted 1,146 restricted stock units of Gilead common stock. Each RSU represents the right to receive one share, and all of these RSUs vested immediately on the April 30, 2026 grant date, according to the filing’s footnote disclosure.
What are the terms of Ted W. Love’s new Gilead (GILD) stock options?
He received a non-qualified stock option covering 4,884 Gilead common shares at an exercise price of $130.84 per share. The option fully vested on April 30, 2026 and will expire on April 30, 2036 if not exercised, as described in the filing.
Under which plan were the Gilead (GILD) RSUs granted to Ted W. Love?
The 1,146 RSUs were granted under the Gilead Sciences, Inc. 2022 Equity Incentive Plan. The footnote explains that each RSU equals one share of common stock and that the entire RSU grant vested immediately on April 30, 2026, the grant date.