Mark Breitbard - 16 May 2025 Form 4 Insider Report for GAP INC (GAP)

Reporting relationship: President & CEO, Gap Brand
Issuer ticker: GAP
Reported as of: 16 May 2025
Net transaction value: -$671,602
SEC form: 4
Accepted by SEC: 19 May 2025, 18:05:18 UTC
Prior SEC filing: 20 Mar 2025
Next SEC filing: 13 Mar 2026
Source filing: View source filing
Reporting owner signature: By: De Anna Mekwunye, Power of Attorney For: Mark Breitbard

Key filing fact

Mark Breitbard filed Form 4 for GAP INC (GAP) on 19 May 2025.

Key facts

This page summarizes Mark Breitbard's Form 4 filing for GAP INC (GAP).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 May 2025, 18:05.

Change

Previous filing in this sequence was filed on 20 Mar 2025.
Current net transaction value: -$671,602.

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

Reporting Owners (1)

CIK 0001704978 Primary reporting owner

Breitbard Mark

Relationship: President & CEO, Gap Brand
Address: TWO FOLSOM STREET, SAN FRANCISCO
Signature: By: De Anna Mekwunye, Power of Attorney For: Mark Breitbard
Signature date: 19 May 2025

Reported non-derivative transactions

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

GAP transaction

Common Stock

Options Exercise

Transaction value: $715,793
Shares: +51,385
Change %: +41%
Price: $13.93
Shares after: 175,370
Date: 16 May 2025
Ownership: Direct
Footnotes: F1

GAP transaction

Common Stock

Sale

Transaction value: $1,387,395
Shares: -51,385
Change %: -29%
Price: $27.00
Shares after: 123,985
Date: 16 May 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

GAP transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -51,385
Change %: -37%
Price: $0.000000
Shares after: 85,644
Date: 16 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 51,385
Exercise price: $13.93
Footnotes: F1, F2

^* 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 2 footnotes

Footnote F1

The stock option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2024.

Footnote F2

On March 14, 2022, the reporting person was granted an option to purchase a total of 137,029 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.