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Gilead Sciences CEO O’Day sells $17.3 million in stock
Gilead Sciences CEO Daniel Patrick O’Day sold 115,640 shares of common stock for $17.3 million after exercising options. The transaction was pre-arranged under a Rule 10b5-1 trading plan. This news comes amidst positive analyst sentiment for Gilead, driven by FDA approval for Yescarta in certain lymphoma cases and strong performance in its HIV pipeline, including the drug Yeztugo.