8–K Trading Gap Act of 2024

This bill prohibits public company executives and directors from trading the company's stock during the "gap" between a material event (like earnings reports or acquisitions) and when the company files a Form 8-K disclosure. It directly affects publicly traded companies subject to SEC reporting (under Sections 13(a) or 15(d)) and their executive officers/directors. Companies must establish policies to block such trades for events covered in Form 8-K sections 1-6 (e.g., acquisitions) and 7-8 (e.g., executive changes), with exemptions for automatic transactions, advance elections, and trades announced via press release. The bill requires the SEC to issue rules within one year, exempting certain investment companies and issuers with existing ethics codes.