Dickinson Andrew D 4
4 · GILEAD SCIENCES, INC. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Gilead (GILD) CFO Andrew D. Dickinson Converts RSUs; 1,341 Shares Withheld
What Happened
Andrew D. Dickinson, Chief Financial Officer of Gilead Sciences (GILD), had 2,796 restricted stock units (RSUs) convert to common shares on 2026-06-10. To cover tax withholding, 1,341 of those shares were surrendered at $121.48 per share for a withholding of $162,905. The remaining 1,455 shares were delivered to him (net value ≈ $176,753 based on the $121.48 per-share figure).
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-11 (timely filing).
- Conversion: 2,796 RSUs converted to common stock (reported with code M).
- Tax withholding: 1,341 shares withheld/ disposed (code F) at $121.48 each = $162,905.
- Net shares delivered to insider: 1,455 shares (2,796 − 1,341). Net value ≈ $176,753 based on $121.48 per share (approximate).
- Footnotes: F1 — each RSU equals the right to one share; F2 — these RSUs follow a 4-year vesting schedule (25% after one year, then 6.25% quarterly).
- Shares owned after the transaction are not specified in the provided filing.
Context
This was a routine conversion/vesting of RSUs and a cashless-like withholding to satisfy tax obligations, not an open-market buy or sell. RSU vesting and withholding are common forms of executive compensation and do not necessarily signal a personal view on the stock. Code meanings: M = exercise/conversion of a derivative (here, RSU conversion), F = payment of tax liability via share withholding.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-10+2,796→ 175,987 total - Tax Payment
Common Stock
2026-06-10$121.48/sh−1,341$162,905→ 174,646 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-06-10−2,796→ 27,851 total→ Common Stock (2,796 underlying)
Footnotes (2)
- [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 4-year vesting schedule. 25% vest on the first anniversary of the grant date. The balance will vest 6.25% quarterly thereafter until fully vested.