Gilead (GILD) director awarded RSUs and options as 224 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gilead Sciences director Harish Manwani reported routine equity compensation and related tax withholding. He received 1,146 restricted stock units, which vested immediately and increased his direct common stock holdings to 15,239 shares after the grant.
He also received a non-qualified stock option for 4,884 shares of common stock at an exercise price of $130.84 per share, fully vested on April 30, 2026 and expiring in 2036. Separately, 224 shares were withheld at $130.84 per share to cover tax obligations, a non‑market, tax-withholding disposition rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MANWANI HARISH
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 | -- |
| Tax Withholding | Common Stock | 224 | $130.84 | $29K |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 4,884 shares (Direct, null);
Common Stock — 15,239 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
Tax-withheld shares: 224 shares
RSU grant: 1,146 shares
Option grant size: 4,884 shares
+3 more
6 metrics
Tax-withheld shares
224 shares
Common stock withheld at $130.84 per share for taxes
RSU grant
1,146 shares
Restricted stock units vested immediately on April 30, 2026
Option grant size
4,884 shares
Non-qualified stock option for common stock
Option exercise price
$130.84 per share
Strike price of non-qualified stock option
Shares held after RSU grant
15,239 shares
Direct common stock holdings following RSU acquisition
Option expiration
April 30, 2036
Expiration date of non-qualified stock option
Key Terms
restricted stock units ("RSUs"), Non-qualified Stock Option (Right to Buy), 2022 Equity Incentive Plan, tax-withholding disposition
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
"security_title: "Non-qualified Stock Option (Right to Buy)" for 4,884.0000 shares."
2022 Equity Incentive Plan financial
"RSUs granted under the Gilead Sciences, Inc. 2022 Equity Incentive Plan."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 224.0000 shares at $130.8400."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Gilead (GILD) director Harish Manwani report in this Form 4?
Harish Manwani reported routine equity compensation and tax withholding. He received 1,146 vested RSUs and a fully vested option for 4,884 shares, while 224 shares of common stock were withheld to satisfy tax obligations tied to these awards.
What equity awards did Harish Manwani receive from Gilead (GILD)?
He received 1,146 restricted stock units and a non-qualified stock option for 4,884 shares at a $130.84 exercise price. Both awards were granted under the 2022 Equity Incentive Plan and vested immediately on April 30, 2026, according to the filing footnotes.
Was there an open-market sale of Gilead (GILD) stock in this Form 4?
No open-market sale occurred. The 224-share disposition was a tax-withholding event, where shares were delivered to cover tax liabilities. This differs from selling shares on the market and is treated as a mechanistic, compensation-related transaction, not an active sale decision.
What are the key terms of Harish Manwani’s Gilead (GILD) stock option grant?
The non-qualified stock option covers 4,884 Gilead common shares at a $130.84 exercise price. All shares under the option vested immediately on April 30, 2026, and the option expires on April 30, 2036, giving a long exercise window for the director.