---
schema_version: "secwatch.filing_event.v1"
accession: "0000039911-24-000192"
form_type: "8-K"
ticker: "GAP"
cik: "0000039911"
company_name: "GAP INC"
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T15:51:55.384065+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Gap amends 2024-2026 PRSUs for top execs; vests 100% at certification

## Summary
- Amendment accelerates vesting of 2024-2026 PRSUs: previously 50% on certification date and 50% one year later, now 100% vests on certification.
- Affected NEOs: Dickson (315,893), O'Connell (103,652), Barbeito (162,882), Blakeslee (96,248), Breitbard (103,652).
- Payout range 0%-300% of target based on performance during 2024-2026 period.
- Amendment effective October 8, 2024; applies to all holders of 2024 PRSUs.

## SEC filing metadata
- accession: 0000039911-24-000192
- form_type: 8-K
- ticker: GAP
- cik: 0000039911
- company_name: GAP INC
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39911/000003991124000192/0000039911-24-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39911/000003991124000192/gps-20241008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039911-24-000192
- JSON: https://secwatch.observer/filing/0000039911-24-000192.json
- Plain text: https://secwatch.observer/filing/0000039911-24-000192.txt

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