Julie Gruber - 25 Nov 2025 Form 4 Insider Report for GAP INC (GAP)

Signature
By: De Anna Mekwunye, Power of Attorney For: Julie Gruber
Issuer symbol
GAP
Transactions as of
25 Nov 2025
Net transactions value
-$1,164,479
Form type
4
Filing time
26 Nov 2025, 16:59:37 UTC
Previous filing
18 Nov 2025
Next filing
18 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gruber Julie Chief Legal&Compliance Officer TWO FOLSOM STREET, SAN FRANCISCO By: De Anna Mekwunye, Power of Attorney For: Julie Gruber 26 Nov 2025 0001666689

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $289,935 +46,168 +123% $6.28 83,563 25 Nov 2025 Direct F1
transaction GAP Common Stock Sale $1,246,536 -46,168 -55% $27.00 37,395 25 Nov 2025 Direct F1
transaction GAP Common Stock Options Exercise $221,557 +15,905 +43% $13.93 53,300 25 Nov 2025 Direct F1
transaction GAP Common Stock Sale $429,435 -15,905 -30% $27.00 37,395 25 Nov 2025 Direct F1

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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -46,168 -100% $0.000000 0 25 Nov 2025 Common Stock 46,168 $6.28 Direct F1, F2
transaction GAP Non-Qualified Stock Option (right to buy) Options Exercise $0 -15,905 -25% $0.000000 47,715 25 Nov 2025 Common Stock 15,905 $13.93 Direct F1, F3
* 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 11, 2025.
F2 On March 23, 2020, the reporting person was granted an option to purchase a total of 204,672 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On March 14, 2022, the reporting person was granted an option to purchase a total of 63,620 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.