Gilead Sciences CEO Daniel O'Day Sells $2.23M in Stock Under Rule 10b5-1 Plan
GILEAD SCIENCES, INC.
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Filing Summary
Insider Sale Alert: Gilead Sciences, Inc. (GILD)
Insider: Daniel Patrick O'Day (Chairman & CEO)
Transaction: Sold 15,000 shares of Common Stock at an average price of $148.64 per share ($2.23M total value).
Post-Transaction Holdings: 577,133 shares (Direct)
Note: Conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026.
Comprehensive Analysis
Insider Trading Summary: Gilead Sciences, Inc. (NASDAQ: GILD)
Executive Overview
On September 1, 2026, Daniel Patrick O'Day, Chairman and Chief Executive Officer of Gilead Sciences, Inc., executed sales totaling 15,000 shares of common stock across three tranches at weighted average prices ranging from $147.51 to $149.38 per share. The cumulative transaction proceeds totaled approximately $2,229,592.04.
Transaction Breakdown
- Tranche 1: 1,600 shares sold at a weighted average price of $147.5087 ($146.94 – $147.92 range).
- Tranche 2: 7,992 shares sold at a weighted average price of $148.3636 ($147.95 – $148.93 range).
- Tranche 3: 5,408 shares sold at a weighted average price of $149.3817 ($148.96 – $149.94 range).
Key Observations
- 10b5-1 Trading Plan: The transaction was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on February 25, 2026, indicating the sales were pre-scheduled and not driven by recent material non-public information.
- Remaining Position: Following these sales, Mr. O'Day directly holds 577,133 shares of Gilead Sciences common stock, retaining a substantial equity stake in the company.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
