Then-CEO Daniel Patrick O'Day sells 15,000 GILD shares for $1.9M under pre-arranged 10b5-1 plan (07-01-2026)
Daniel Patrick O'Day, who was CEO at the time this transaction was filed, executed 2 separate sales totaling 15,000 shares for $1,894,399.93 on 2026-07-01 at blended average price $126.29, reducing holdings from 622.1K to 607.1K shares (-2.4%). The sale was executed under a pre-arranged 10b5-1 trading plan adopted on 2026-02-25, meaning this was a scheduled transaction rather than a discretionary trade. At the time of sale, the stock was trading $126.29 versus a current price of $131.27 and a 52-week high of $157.29. His prior sales at GILD over the last two months show mixed near-term outcomes, with 30-day returns ranging from -5.3% to +5.8%, though recent June trades have showed negative 30-day performance. The scheduled nature of this transaction limits inference about insider conviction or timing; the trade reflects predetermined execution dates established months earlier.