Katrina O'Connell - Mar 18, 2024 Form 4 Insider Report for GAP INC (GPS)

Signature
By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell
Stock symbol
GPS
Transactions as of
Mar 18, 2024
Transactions value $
-$64,559
Form type
4
Date filed
3/19/2024, 09:18 PM
Previous filing
Mar 18, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Sale -$64.6K -2.72K -100% $23.70 0 Mar 18, 2024 Direct F1
* 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 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2023.