GAP (GAP) director Brady Brewer granted stock units and dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BREWER BRADY reported acquisition or exercise transactions in this Form 4 filing.
GAP Inc. director Brady Brewer received additional equity-based compensation. On June 30, 2026, Brewer was granted 9,903 stock units, each representing a contingent right to receive one share of GAP Inc. common stock. These units are immediately vested, bringing his total stock units to 18,385.
He was also granted 303.4138 dividend equivalent rights, each economically equivalent to one share of common stock. Both the stock units and dividend equivalent rights are immediately vested, but delivery of the underlying shares is deferred until three years from the grant date, unless further deferred, or earlier upon the end of his Board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BREWER BRADY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 303.414 | $0.00 | -- |
| Grant/Award | Stock Units | 9,903 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 303.414 shares (Direct);
Stock Units — 18,385 shares (Direct)
Footnotes (1)
- Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. The dividend equivalent rights accrued on stock units originally granted on June 30, 2025, and are immediately vested. Vested shares are delivered to the reporting person no sooner than three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. Not applicable. Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
Key Figures
Stock units granted: 9,903 stock units
Dividend equivalent rights granted: 303.4138 rights
Stock units after grant: 18,385 stock units
+2 more
5 metrics
Stock units granted
9,903 stock units
Grant on June 30, 2026
Dividend equivalent rights granted
303.4138 rights
Grant on June 30, 2026
Stock units after grant
18,385 stock units
Holdings following June 30, 2026 transaction
Price per unit
$0.00 per unit
Compensation grant, not a market purchase
Underlying security
Common Stock
Each unit or right linked to one common share
Key Terms
Dividend Equivalent Rights, stock unit, contingent right, immediately vested
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on stock units originally granted on June 30, 2025"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
stock unit financial
"Each stock unit represents a contingent right to receive one share of Gap Inc. common stock"
contingent right financial
"Each stock unit represents a contingent right to receive one share of Gap Inc. common stock"
immediately vested financial
"Each stock unit is immediately vested. However, delivery of the shares is deferred"
FAQ
What did GAP (GAP) director Brady Brewer receive in this Form 4 filing?
Brady Brewer received 9,903 stock units and 303.4138 dividend equivalent rights, all tied to GAP Inc. common stock. These awards are immediately vested but share delivery is deferred under the company’s director compensation terms.
How many stock units does Brady Brewer hold after this GAP (GAP) award?
After the June 30, 2026 grant, Brady Brewer holds 18,385 stock units. Each unit represents a contingent right to receive one share of GAP Inc. common stock at a future settlement date.
What are dividend equivalent rights mentioned in the GAP (GAP) Form 4?
Dividend equivalent rights are awards economically equivalent to one share of GAP Inc. common stock. In this filing, 303.4138 such rights accrued on earlier stock units and are immediately vested, mirroring the value of common stock dividends.
Are the GAP (GAP) stock unit and dividend equivalent awards market purchases?
No. The Form 4 describes grant or award acquisitions, not open-market purchases. The units and dividend equivalent rights are part of GAP Inc.’s compensation arrangements for Board service, rather than discretionary stock buying.