Gilead (GILD) CEO Daniel O'Day logs planned stock sales in Form 4 filing
Rhea-AI Filing Summary
Gilead Sciences Chairman & CEO Daniel O'Day reported planned share sales. On 01/28/2026, he sold 5,032 shares of common stock at a weighted average price of $139.5441 and 4,968 shares at $140.2426 in open-market transactions.
These sales were made under a Rule 10b5-1 trading plan adopted on February 28, 2025. After the transactions, O'Day directly owned 556,698 Gilead shares. The first group of sales occurred at prices ranging from $138.99 to $139.97, and the second from $140.00 to $140.57.
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FAQ
What insider transaction did Gilead (GILD) report for January 28, 2026?
Gilead reported that Chairman & CEO Daniel O'Day sold two blocks of common stock on January 28, 2026. He sold 5,032 shares at $139.5441 and 4,968 shares at $140.2426, both as open-market transactions disclosed in a Form 4.
How many Gilead (GILD) shares does Daniel O'Day own after this Form 4?
After the reported sales, Daniel O'Day directly owns 556,698 shares of Gilead common stock. This figure reflects his beneficial ownership following the two open-market transactions disclosed for January 28, 2026 in the insider trading report.
Were Daniel O'Day’s Gilead (GILD) share sales pre-planned under Rule 10b5-1?
Yes. The report states that the January 28, 2026 transactions were made under a Rule 10b5-1 trading plan. This plan was adopted on February 28, 2025, allowing preset sales to occur automatically according to predetermined instructions.
What price ranges applied to Daniel O'Day’s Gilead (GILD) stock sales?
The first group of sales, totaling 5,032 shares, occurred at prices from $138.99 to $139.97. The second group of 4,968 shares was sold at prices ranging from $140.00 to $140.57, with weighted average prices disclosed for each block.
Is Daniel O'Day’s ownership in Gilead (GILD) direct or indirect after these sales?
The report shows that Daniel O'Day’s 556,698 Gilead shares following the transactions are held as direct ownership. No indirect ownership entities or disclaimers of beneficial ownership are noted in the provided transaction details.