Gilead (GILD) SVP Erin Burkhart Converts RSUs; 768 Shares Withheld

What Happened

• Erin Burkhart, SVP, Controllership at Gilead Sciences, had 2,223 restricted stock units (RSUs) convert into common shares on 2026-09-22. Of those shares, 768 were withheld to satisfy tax withholding at $152.67/share, totaling $117,251. The net shares added to her account were 1,455 (2,223 vested − 768 withheld). This was a vesting/settlement event, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-22; Form filed: 2026-09-23 (timely).
• Conversion/vesting: 2,223 RSUs converted to 2,223 common shares (reported as exercise/conversion of a derivative security).
• Tax withholding: 768 shares withheld (Disposition code F) at $152.67 per share = $117,251.
• Net shares received: 1,455 shares (2,223 − 768).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU represents the right to one share; F2 — RSUs follow a 4-year vesting schedule (25% after 1 year, then 6.25% quarterly).
• Filing timeliness: filing appears timely (no late filing indicated).

Context

• This was a routine RSU vesting/settlement with a “sell-to-cover” style tax withholding (shares withheld, not an open-market sale). Such withholding is common and does not necessarily signal insider sentiment about the stock.