Gilead Sciences (GILD) CEO sells 15,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Gilead Sciences chairman and CEO Daniel O'Day reported selling 15,000 shares of common stock on August 3, 2026, in three transactions described as open market or private at reported prices of $129.6583, $130.8022, and $131.3433 per share. The sales were executed under a Rule 10b5-1 trading plan adopted on February 25, 2026, with execution prices in ranges from $129.17 to $130.16, $130.18 to $131.17, and $131.21 to $131.47 per share.
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Insider Trade Summary 10b5-1
Net Seller: 15,000 shares
Net Sell
3 txns
Insider
O'Day Daniel Patrick
Role
Chairman & CEO
Sold
15,000 shs ($1.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,700 | $129.6583 | $869K |
| Sale | Common Stock F1, F3 | 7,700 | $130.8022 | $1.01M |
| Sale | Common Stock F1, F4 | 600 | $131.3433 | $79K |
Holdings After Transaction:
Common Stock — 592,133 shares (Direct)
Footnotes (4)
- F1. The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026.
- F2. Sale prices for the transactions reported range from $129.17 to $130.16. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
- F3. Sale prices for the transactions reported range from $130.18 to $131.17. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
- F4. Sale prices for the transactions reported range from $131.21 to $131.47. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer, or its shareowners upon request.
Key Figures
Shares sold: 15,000 shares
First transaction size: 6,700 shares
Second transaction size: 7,700 shares
+5 more
8 metrics
Shares sold
15,000 shares
Total Gilead Sciences common shares sold by Daniel O'Day on 2026-08-03
First transaction size
6,700 shares
Common stock sold at a reported $129.6583 per share on 2026-08-03
Second transaction size
7,700 shares
Common stock sold at a reported $130.8022 per share on 2026-08-03
Third transaction size
600 shares
Common stock sold at a reported $131.3433 per share on 2026-08-03
Price range first group
$129.17 to $130.16 per share
Execution price range for the first set of reported sales
Price range second group
$130.18 to $131.17 per share
Execution price range for the second set of reported sales
Price range third group
$131.21 to $131.47 per share
Execution price range for the third set of reported sales
Rule 10b5-1 plan adoption date
February 25, 2026
Date the trading plan covering these sales was adopted
Key Terms
Rule 10b5-1 trading plan, Form 4, open market or private transaction
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 adopted"
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.
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.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gilead Sciences (GILD) report for Daniel O'Day?
Gilead Sciences reported that Daniel O'Day, its chairman and CEO, sold 15,000 shares of common stock on August 3, 2026. The Form 4 lists three separate transactions, all involving sales of Gilead common shares.
Was Daniel O'Day’s Gilead (GILD) stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026. This indicates the sales followed a pre-established trading arrangement rather than being initiated spontaneously.
What type of security did Daniel O'Day sell in the Gilead (GILD) Form 4?
All reported transactions involve Gilead Sciences common stock. The Form 4 lists three non-derivative sales of common shares, described as occurring through open market or private transactions, rather than involving options or other derivative securities.
How many separate transactions are reported in Daniel O'Day’s latest GILD Form 4?
The Form 4 reports three separate non-derivative transactions in Gilead common stock on August 3, 2026. Together these transactions total 15,000 shares sold, broken into blocks of 6,700 shares, 7,700 shares, and 600 shares.