William Sydney Fisher - Jun 30, 2025 Form 4 Insider Report for GAP INC (GAP)

Role
Director, 10%+ Owner
Signature
/s/ Jane Spray, Attorney-in-Fact
Stock symbol
GAP
Transactions as of
Jun 30, 2025
Transactions value $
$0
Form type
4
Date filed
7/2/2025, 07:38 PM
Previous filing
Mar 12, 2025
Next filing
Sep 5, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
FISHER WILLIAM SYDNEY Director, 10%+ Owner 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO /s/ Jane Spray, Attorney-in-Fact 2025-07-02 0001217081

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +20.6K +0.13% $0.00 16M Jun 30, 2025 Direct F1
transaction GAP Common Stock Options Exercise $0 +2.57K +0.02% $0.00 16M Jun 30, 2025 Direct F2
transaction GAP Common Stock Gift $0 -25.5K -0.16% $0.00 15.9M Jun 30, 2025 Direct F3
holding GAP Common Stock 150K Jun 30, 2025 By Spouse
holding GAP Common Stock 3.7M Jun 30, 2025 By Trust
holding GAP Common Stock 22M Jun 30, 2025 By Limited Partnerships

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GAP Stock Units Options Exercise $0 -20.6K -37.33% $0.00 34.6K Jun 30, 2025 Common Stock 20.6K $0.00 Direct F1
transaction GAP Dividend Equivalent Rights Options Exercise $0 -2.57K -67.73% $0.00 1.23K Jun 30, 2025 Common Stock 2.57K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 20,631 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2022. Each stock unit represented the right to receive one share of The Gap, Inc. common stock ("Gap Common Stock").
F2 2,572 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2022. Each dividend equivalent right was the economic equivalent of one share of Gap Common Stock.
F3 The transaction set forth herein was made pursuant to a plan adopted on March 18, 2025, that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).