Gilead Sciences (GILD) director sells 5,000 shares near $146
Rhea-AI Filing Summary
GILEAD SCIENCES, INC. (GILD) director Jeffrey Bluestone reported option exercises and related share sales. On August 20, 2026 he exercised non-qualified stock options for a total of 5,000 shares of common stock at exercise prices of $67.45 and $61.35 per share, from fully vested grants dating to 2021 and 2022. He then sold the 5,000 resulting common shares in multiple trades at prices between $143.31 and $146.36 per share pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 5,000 shares ($390K approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Bluestone Jeffrey
Role
Director
Sold
5,000 shs ($725K)
Approx. gross sale proceeds
$725K
Approx. exercise cost
$335K
Approx. pre-tax spread
$390K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F1, F5 | 4,665 | $0.00 | $0.00 |
| Exercise | Non-qualified Stock Option (Right to Buy) F1, F6 | 335 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,165 | $67.45 | $79K |
| Sale | Common Stock F1, F2 | 1,165 | $143.7543 | $167K |
| Exercise | Common Stock F1 | 1,816 | $67.45 | $122K |
| Sale | Common Stock F1, F3 | 1,816 | $144.9248 | $263K |
| Exercise | Common Stock F1 | 1,658 | $67.45 | $112K |
| Sale | Common Stock F1, F4 | 1,658 | $145.7286 | $242K |
| Exercise | Common Stock F1 | 26 | $67.45 | $2K |
| Sale | Common Stock F1 | 26 | $146.36 | $4K |
| Exercise | Common Stock F1 | 335 | $61.35 | $21K |
| Sale | Common Stock F1 | 335 | $146.26 | $49K |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 11,395 shares (Direct);
Common Stock — 10,066 shares (Direct)
Footnotes (6)
- F1. The transaction reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2026.
- F2. Sale prices for the transactions reported range from $143.31 to $144.16. 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 $144.32 to $145.31. 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 $145.34 to $146.23. 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.
- F5. 25% of the shares subject to the option vested on each three-month anniversary from May 12, 2021 such that 100% of the shares subject to the option are fully vested.
- F6. 100% of the shares subject to the stock option vested immediately upon the grant date of May 5, 2022.
Key Figures
Shares sold: 5,000 shares
Option shares exercised: 5,000 shares
Exercise price: $67.45 per share
+3 more
6 metrics
Shares sold
5,000 shares
Common Stock sold on August 20, 2026
Option shares exercised
5,000 shares
Non-qualified Stock Options exercised on August 20, 2026
Exercise price
$67.45 per share
Non-qualified Stock Option expiring May 12, 2031
Exercise price
$61.35 per share
Non-qualified Stock Option expiring May 5, 2032
Sale price range
$143.31–$146.36 per share
Common Stock sales on August 20, 2026
10b5-1 plan adoption date
May 20, 2026
Rule 10b5-1 trading plan covering the reported transactions
Key Terms
Rule 10b5-1 trading plan, Non-qualified Stock Option (Right to Buy), Exercise or conversion of derivative security
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported ... is made pursuant to a Rule 10b5-1 trading plan"
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.
Non-qualified Stock Option (Right to Buy) financial
"security_title: Non-qualified Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transaction did GILD director Jeffrey Bluestone report?
Jeffrey Bluestone reported exercising non-qualified stock options for 5,000 GILD shares on August 20, 2026 and selling the resulting 5,000 common shares the same day in multiple transactions.
What were the stock option exercise prices in the GILD Form 4 for Jeffrey Bluestone?
He exercised non-qualified stock options for 4,665 shares at an exercise price of $67.45 per share and for 335 shares at an exercise price of $61.35 per share, totaling 5,000 shares exercised.
Were Jeffrey Bluestone’s GILD trades made under a Rule 10b5-1 plan?
Yes. The Form 4 states the reported transactions were made pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2026, and the Rule 10b5-1 checkbox is affirmed.
What type of options did Jeffrey Bluestone exercise in the GILD filing?
He exercised Non-qualified Stock Options (Right to Buy) that were fully vested, including an option granted May 12, 2021 and an option granted May 5, 2022, each convertible into Gilead common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.