Gilead CEO Daniel O'Day sells 15,000 shares
GILEAD SCIENCES, INC.
Rhea-AI Filing Summary
GILEAD SCIENCES, INC. (GILD) reported that Chairman and CEO Daniel Patrick O'Day sold a total of 15,000 shares of common stock on September 1, 2026, in three open-market transactions made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026. Sale prices across the trades ranged from $146.94 to $149.94 per share.
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Insights
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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 ($2.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,600 | $147.5087 | $236K |
| Sale | Common Stock F1, F3 | 7,992 | $148.3636 | $1.19M |
| Sale | Common Stock F1, F4 | 5,408 | $149.3817 | $808K |
Holdings After Transaction:
Common Stock — 577,133 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 $146.94 to $147.92. 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 $147.95 to $148.93. 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 $148.96 to $149.94. 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
Total shares sold: 15,000 shares
First tranche shares: 1,600 shares
First tranche sale price: $147.5087 per share
+5 more
8 metrics
Total shares sold
15,000 shares
Aggregate common stock sales by Daniel Patrick O'Day on September 1, 2026
First tranche shares
1,600 shares
Common stock sold on September 1, 2026
First tranche sale price
$147.5087 per share
Reported sale price for 1,600-share transaction on September 1, 2026
Second tranche shares
7,992 shares
Common stock sold on September 1, 2026
Second tranche sale price
$148.3636 per share
Reported sale price for 7,992-share transaction on September 1, 2026
Third tranche shares
5,408 shares
Common stock sold on September 1, 2026
Third tranche sale price
$149.3817 per share
Reported sale price for 5,408-share transaction on September 1, 2026
Rule 10b5-1 plan adoption date
February 25, 2026
Date the trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, shareowners
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 on February 25, 2026."
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.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
What insider transaction did GILD report for Daniel O'Day on September 1, 2026?
GILD reported that Chairman and CEO Daniel Patrick O'Day sold 15,000 shares of common stock on September 1, 2026 in a series of open-market transactions under a Rule 10b5-1 trading plan.
How many tranches of GILD stock did Daniel O'Day sell in this Form 4?
The Form 4 shows three tranches of GILD common stock sold: 1,600 shares, 7,992 shares, and 5,408 shares, all dated September 1, 2026.
Was the GILD insider sale by Daniel O'Day under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026.
What type of transactions were reported in this GILD Form 4 for Daniel O'Day?
All reported transactions are sales of common stock in open-market or private transactions, as described in the filing, with no derivative exercises disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.