Julie Gruber - 17 Dec 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
17 Dec 2025
Net transactions value
-$133,800
Form type
4
Filing time
18 Dec 2025, 16:25:37 UTC
Previous filing
26 Nov 2025
Next filing
13 Mar 2026

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 18 Dec 2025 0001666689

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $706,200 +30,000 +80% $23.54 67,395 17 Dec 2025 Direct F1
transaction GAP Common Stock Sale $840,000 -30,000 -45% $28.00 37,395 17 Dec 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 -30,000 -50% $0.000000 30,000 17 Dec 2025 Common Stock 30,000 $23.54 Direct F1, 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 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 11, 2025.
F2 On March 13, 2017, the reporting person was granted an option to purchase a total of 60,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.