Horacio Barbeito - Sep 12, 2024 Form 4 Insider Report for GAP INC (GAP)

Signature
By: De Anna Mekwunye, Power of Attorney For: Horacio Barbeito
Stock symbol
GAP
Transactions as of
Sep 12, 2024
Transactions value $
-$1,507,700
Form type
4
Date filed
9/13/2024, 05:26 PM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Sale -$1.51M -75.4K -100% $20.00 0 Sep 12, 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 December 8, 2023, and modified on March 25, 2024.