Chris Blakeslee - 17 Mar 2025 Form 4 Insider Report for GAP INC (GAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Mar 2025, 21:18:13 UTC
Prior SEC filing
05 Dec 2024
Next SEC filing
20 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: De Anna Mekwunye, Power of Attorney For: Chris Blakeslee

Key filing fact

Chris Blakeslee filed Form 4 for GAP INC (GAP) on 18 Mar 2025.

Key facts

  • This page summarizes Chris Blakeslee's Form 4 filing for GAP INC (GAP).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Mar 2025, 21:18.

Change

  • Previous filing in this sequence was filed on 05 Dec 2024.
  • Current net transaction value: -$447,855.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GAP transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+16,041
Change %
+18%
Price
$0.000000
Shares after
105,060
Date
18 Mar 2025
Ownership
Direct
Footnotes
F1
GAP transaction

Common Stock

Tax liability

Transaction value
$115,354
Shares
-5,739
Change %
-5.5%
Price
$20.10
Shares after
99,321
Date
18 Mar 2025
Ownership
Direct
GAP transaction

Common Stock

Sale

Transaction value
$332,501
Shares
-16,980
Change %
-17%
Price
$19.58
Shares after
82,341
Date
18 Mar 2025
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GAP transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+62,984
Change %
+18%
Price
$0.000000
Shares after
405,926
Date
17 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
62,984
Exercise price
$0.000000
Footnotes
F4, F5
GAP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-16,041
Change %
-4%
Price
$0.000000
Shares after
389,885
Date
18 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,041
Exercise price
$0.000000
Footnotes
F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).

Footnote F2

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2024.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.425 to $19.905, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

Footnote F5

On March 17, 2025, the reporting person was granted 62,984 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Footnote F6

On March 18, 2024, the reporting person was granted 64,165 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

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