Gilead Sciences CEO Daniel Patrick O’Day exercised Options for 8,780 shares on 2026-09-10, after which his reported share holding was 585,913. He also forfeited 4,230 shares at $144.81 per share, while his derivative-security holding after the option exercise was 83,300, giving investors updated ownership figures.
Key Highlights
- Daniel Patrick O’Day forfeited 4,230 Gilead shares at $144.81 per share.
- O’Day’s reported derivative-securities holding after the option exercise was 83,300.
- The forfeiture represented about 0.7% of his prior shares holding.
GILEAD SCIENCES, INC. (NASDAQ: GILD) CEO Daniel Patrick O’Day exercised options for 8,780 shares on 10 September 2026, leaving him with 585,913 shares after the transaction. The filing also records a forfeiture of shares and an exercise involving derivative securities.
Gilead CEO Reports Forfeiture and Derivative Exercise
O’Day also forfeited 4,230 shares at $144.81 per share on the same date. His resulting derivative-securities holding was 83,300.
Transaction Percentages Use Separate Holding Bases
The share option exercise represented about 1.5% of O’Day’s resulting shares holding. The forfeiture represented about 0.7% of his prior shares holding, while the derivative-securities exercise represented about 9.5% of his prior derivative securities holding. The percentages therefore use separate reference points: resulting shares for the first measure, prior shares for the second, and prior derivative securities for the third. The reported figures distinguish common-share holdings from derivative securities.
FAQs
Q: What did Gilead CEO Daniel Patrick O’Day do on 10 September 2026?
A: On 10 September 2026, he exercised options for 8,780 Gilead shares. He also forfeited 4,230 shares at $144.81 per share. The filing reports these entries under SEC transaction codes M and F, respectively.
Q: How did the Gilead CEO transaction affect reported holdings?
A: The exercise was followed by a reported holding of 585,913 shares, while the forfeiture was followed by 581,683 shares. The transaction also lists 83,300 derivative securities.
Q: What does SEC transaction code M mean in the Gilead transaction?
A: The filing reports SEC transaction code M for O’Day’s exercise of 8,780 derivative securities on 10 September 2026. Following that transaction, his reported derivative-securities holding was 83,300.
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