GILEAD SCIENCES, INC.·4

Mar 12, 4:45 PM ET

Dickinson Andrew D 4

4 · GILEAD SCIENCES, INC. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Gilead CFO Andrew Dickinson Exercises Options, Receives RSUs

What Happened

  • Andrew D. Dickinson, Chief Financial Officer of Gilead Sciences (GILD), exercised stock options on 2026-03-10 to acquire 6,469 shares. To cover tax withholding, 3,147 shares were surrendered/disposed at $148.56 per share, totaling $467,518. On the same date he was granted restricted stock units (RSUs) totaling 45,470 units (9,590 + 35,880), recorded as derivative awards in the filing.

Key Details

  • Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (not a late filing).
  • Option exercise: 6,469 shares acquired (transaction code M).
  • Tax withholding/payment: 3,147 shares disposed at $148.56 each; proceeds/withholding = $467,518 (transaction code F).
  • Grants: 9,590 RSUs and 35,880 RSUs awarded (transaction code A); grant value recorded as $0.00 for the 35,880 RSUs in the filing (the awards are contingent/derivative).
  • Vesting: RSUs and stock options follow a four‑year vesting schedule — 25% at the first anniversary, then 6.25% quarterly thereafter (per footnotes).
  • Shares owned after the transaction: not specified in the provided filing details.
  • No 10b5-1 plan or other sale plan is referenced in the provided data.

Context

  • The filing shows an option exercise combined with share withholding to satisfy tax obligations (common “net settlement”/withholding treatment), not an open‑market sale of shares for personal cash. The RSU grants are compensation awards that vest over time per the four‑year schedule; such grants are routine executive compensation and do not by themselves indicate a change in market view.

Insider Transaction Report

Form 4
Period: 2026-03-10
Dickinson Andrew D
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+6,469185,338 total
  • Tax Payment

    Common Stock

    2026-03-10$148.56/sh3,147$467,518182,191 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-03-106,46921,057 total
    Common Stock (6,469 underlying)
  • Award

    Restricted Stock Unit

    [F1][F2]
    2026-03-10+9,59030,647 total
    Common Stock (9,590 underlying)
  • Award

    Non-qualified Stock Option (Right to Buy)

    [F3]
    2026-03-10+35,88035,880 total
    Exercise: $148.56Exp: 2036-03-10Common Stock (35,880 underlying)
Footnotes (3)
  • [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 four-year vesting schedule. 25% vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
  • [F3]The stock options have a four-year vesting schedule. 25% vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
Signature
/s/ Amy Kim by Power of Attorney for Andrew D. Dickinson|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773348337.xmlPrimary

    FORM 4