Form 4: Gap Inc. CFO Katrina O'Connell Reports Stock Transactions
SEC Form 4 Filing
Katrina O'Connell, CFO of Gap Inc., reports the vesting and subsequent disposal of restricted stock units and common stock.
Summary
- On March 23, 2024, Gap Inc.'s CFO, Katrina O'Connell, reported transactions involving restricted stock units and common stock.
- 19,905 restricted stock units vested and were converted into common stock.
- 10,087 shares of common stock were disposed of at a price of $28.08 per share.
- Following these transactions, O'Connell directly owns 9,818 shares of common stock and 226,547 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/23/2020 | Reporting person was granted 79,617 restricted stock units, vesting in installments. |
| 03/23/2024 | Vesting of 19,905 restricted stock units and disposal of 10,087 shares. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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