Mark Breitbard - 13 Mar 2025 Form 4 Insider Report for GAP INC (GAP)

Role
President & CEO, Gap Brand
Signature
By: De Anna Mekwunye, Power of Attorney For: Mark Breitbard
Issuer symbol
GAP
Transactions as of
13 Mar 2025
Net transactions value
-$188,113
Form type
4
Filing time
14 Mar 2025, 18:17:36 UTC
Previous filing
26 Aug 2024
Next filing
17 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +25,000 +20% $0.000000 148,985 13 Mar 2025 Direct
transaction GAP Common Stock Tax liability $188,113 -8,945 -6% $21.03 140,040 13 Mar 2025 Direct

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 Restricted Stock Unit Options Exercise $0 -25,000 -14% $0.000000 148,456 13 Mar 2025 Common Stock 25,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2 On March 13, 2023, the reporting person was granted 100,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.