Gilead (GILD) EVP Gen Counsel Converts 590 RSUs; 285 Withheld

What Happened
Cain Wettan Keeley M, EVP General Counsel, had 590 restricted stock units (RSUs convert/derivative) convert into common shares on 2026-09-10. Of those, 285 shares were withheld to cover tax liability at $144.81 per share, totaling $41,271. After withholding, Keeley received 305 net shares. This was a vesting/conversion of compensation-related RSUs (not an open-market purchase or discretionary sale).

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-11 (timely).
• Conversion: 590 RSUs converted to shares (transaction code M = exercise/conversion of derivative).
• Tax withholding: 285 shares withheld (transaction code F) at $144.81/share = $41,271.
• Net shares delivered to insider: 305 shares.
• Shares owned after transaction: Not specified in the filing.
• 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).
• No 10b5-1 plan, gift, or late-filing indication noted in the filing.

Context
This is a routine compensation event: RSUs vested and converted to common stock, with a portion withheld to meet tax obligations (a common cashless withholding). Such transactions reflect standard employee equity vesting rather than a supplemental buy or sell signal for investors.