Form 4: Gap Inc. Chief People Officer Amanda Thompson Reports Stock Transactions
SEC Form 4
Amanda Thompson, Chief People Officer of Gap Inc., reports the vesting and disposition of restricted stock units.
Summary
- Amanda Thompson, Chief People Officer of Gap Inc., reported transactions involving Gap Inc. common stock on January 22, 2025.
- These transactions included the vesting of 3,033 and 20,226 restricted stock units, and the subsequent disposition of 1,245 and 7,323 shares to cover tax obligations.
- Following these transactions, Thompson directly owns 14,691 shares of common stock and holds rights to 81,144 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 executive, which is common practice and required by the SEC.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/22/2024 | Grant date of 12,135 restricted stock units vesting in four equal annual installments. |
| 01/22/2024 | Grant date of 60,679 restricted stock units vesting over three years. |
| 01/22/2025 | Date of stock transactions: vesting of restricted stock units and disposition of shares. |
| 01/23/2025 | Date of Form 4 signature. |
| 01/22/2026 | Next vesting date for 20,226 shares of the 60,679 restricted stock units. |
| 01/22/2027 | Final vesting date for 20,227 shares of the 60,679 restricted stock units. |
Keywords
Form 4, Section 16, GAP, Amanda Thompson, Chief People Officer, Restricted Stock Units, Stock Transactions, Beneficial Ownership
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