---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-011167"
form_type: "8-K"
ticker: "GILD"
cik: "0000882095"
company_name: "GILEAD SCIENCES, INC."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:40:27.012467+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gilead reduces special-meeting ownership threshold to 15% from 20%

## Summary
- Board amended bylaws to lower ownership threshold for calling a special meeting to 15% of outstanding common stock.
- Previous threshold was 20%; change effective February 6, 2023.
- One or more stockholders in aggregate must hold at least 15% to call a special meeting.

## SEC filing metadata
- accession: 0001104659-23-011167
- form_type: 8-K
- ticker: GILD
- cik: 0000882095
- company_name: GILEAD SCIENCES, INC.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882095/000110465923011167/0001104659-23-011167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882095/000110465923011167/tm235492d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-011167
- JSON: https://secwatch.observer/filing/0001104659-23-011167.json
- Plain text: https://secwatch.observer/filing/0001104659-23-011167.txt

## Key facts
- Governance Changes
  GILEAD SCIENCES, INC.: Reduced ownership threshold for calling special meeting from 20% to 15% (effective 2023-02-06).
  - Change: bylaw amendment
  - Effective: 2023-02-06
  source text: Effective February 6, 2023, the Board of Directors (the “Board”) of Gilead Sciences, Inc., a Delaware corporation (the “Company”), adopted Amended and Restated Bylaws to reduce the ownership threshold required to call a special meeting of stockholders to provide that one or more stockholders owning in the aggregate not less than fifteen percent (15%) of the Company’s outstanding common stock shall have the right to call a special meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/882095/000110465923011167/0001104659-23-011167-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.