Form 4 for GAP GAP INC
Accepted 2025-03-17 00:00:00 ET · period of report 2025-03-14 · accession 0000039911-25-000024 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-17 | 2025-03-14 | GAP | Breitbard Mark | Pres, CEO, Gap Brand | S - Sale+OE | $20.43 | -16.1K | 124.0K | -11% | -$328.0K |
| DM | 2025-03-17 | 2025-03-14+ | GAP | Breitbard Mark | Pres, CEO, Gap Brand | M - OptEx | $0.00 | +17.3K | 137.0K | +14% | $0 |
| DM | 2025-03-17 | 2025-03-14+ | GAP | Breitbard Mark | Pres, CEO, Gap Brand | F - Tax | $20.57 | -6,196 | 131.7K | -4% | -$127.4K |
| DM | 2025-03-17 | 2025-03-14+ | GAP | Breitbard Mark | Pres, CEO, Gap Brand | M - OptEx | $0.00 | -17.3K | 136.4K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-14 | S | D | 16,055 | $20.43 | 123,985 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.96, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 2 | Common | Common Stock | 2025-03-14 | M | A | 12,036 | $0.00 | 136,021 | D | — | — | |
| 3 | Common | Common Stock | 2025-03-15 | F | D | 1,890 | $20.13 | 135,108 | D | — | — | |
| 4 | Common | Common Stock | 2025-03-15 | M | A | 5,283 | $0.00 | 136,998 | D | — | — | |
| 5 | Common | Common Stock | 2025-03-14 | F | D | 4,306 | $20.76 | 131,715 | D | — | — | |
| 6 | Derivative | Restricted Stock Unit | 2025-03-15 | M | D | 5,283 | $0.00 | 131,137 | D | $0.00 · — to — | 5,283 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F5) On March 15, 2021, the reporting person was granted 21,132 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 7 | Derivative | Restricted Stock Unit | 2025-03-14 | M | D | 12,036 | $0.00 | 136,420 | D | $0.00 · — to — | 12,036 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F4) On March 14, 2022, the reporting person was granted 48,143 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |