Gilead officer exercises 2,797 RSUs, 1,347 withheld
Gilead’s chief communications and corporate affairs officer exercised 2,797 RSUs, with part of the resulting shares withheld to cover the exercise price or tax obligations.
Rhea-AI Filing Summary
GILEAD SCIENCES, INC. (GILD) reported that Chief Comm & Corp Aff Officer Johanna Mercier exercised 2,797 restricted stock units into an equal number of shares of common stock on September 10, 2026. Of these, 1,347 shares of common stock were delivered or withheld to pay the exercise price or tax liability, leaving 25,054 restricted stock units reported as remaining. Each restricted stock unit represents the right to receive one share of common stock and follows a 4-year vesting schedule with 25% vesting after one year and 6.25% vesting quarterly thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,797 shares exercised/converted
Exercise
3 txns
Insider
Mercier Johanna
Role
Chief Comm & Corp Aff Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 2,797 | -- | -- |
| Exercise | Common Stock F1 | 2,797 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 1,347 | $144.81 | $195K |
Holdings After Transaction:
Restricted Stock Unit — 25,054 contracts (Direct);
Common Stock — 119,684 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.
- F2. The restricted stock units have a 4-year vesting schedule. 25% vest on the first anniversary of the grant date. The balance will vest 6.25% quarterly thereafter until fully vested.
Key Figures
Restricted stock units exercised: 2,797 units
Shares delivered/withheld for exercise price or tax liability: 1,347 shares
Reported price per share for tax/exercise transaction: $144.81 per share
+3 more
6 metrics
Restricted stock units exercised
2,797 units
RSUs exercised into common stock on September 10, 2026
Shares delivered/withheld for exercise price or tax liability
1,347 shares
Common stock used in code F transaction on September 10, 2026
Reported price per share for tax/exercise transaction
$144.81 per share
Applied to 1,347 shares in code F transaction
Restricted stock units remaining
25,054 units
RSUs reported as held following the September 10, 2026 exercise
Initial vesting tranche
25.0%
Vests on the first anniversary of the grant date
Ongoing quarterly vesting rate
6.25% per quarter
Applies after the first anniversary until RSUs are fully vested
Key Terms
Restricted Stock Unit, vesting schedule, tax liability
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting schedule financial
"The restricted stock units have a 4-year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GILD disclose for Johanna Mercier?
Johanna Mercier exercised 2,797 restricted stock units into common stock on September 10, 2026, and had 1,347 shares of the resulting common stock delivered or withheld to pay the exercise price or tax liability.
How many restricted stock units did Johanna Mercier exercise in GILD stock?
Johanna Mercier exercised 2,797 restricted stock units, converting them into an equal number of Gilead common shares on September 10, 2026.
What RSU holdings remain for Johanna Mercier after this GILD transaction?
After the September 10, 2026 exercise, Johanna Mercier is reported as holding 25,054 restricted stock units, each representing the contingent right to receive one share of Gilead common stock, subject to vesting.
What is the vesting schedule for Johanna Mercier’s GILD restricted stock units?
The restricted stock units have a 4-year vesting schedule: 25% vest on the first anniversary of the grant date, and the remaining units vest 6.25% quarterly thereafter until fully vested.
Were Johanna Mercier’s GILD transactions made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is explicitly unchecked, so no Rule 10b5-1 trading plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
