Katrina O'Connell - 17 Mar 2026 Form 4 Insider Report for GAP INC (GAP)

Reporting relationship: Chief Financial Officer
Issuer ticker: GAP
Reported as of: 17 Mar 2026
Net transaction value: -$3,658,498
SEC form: 4
Accepted by SEC: 18 Mar 2026, 18:05:01 UTC
Prior SEC filing: 17 Mar 2026
Next SEC filing: 23 Mar 2026
Source filing: View source filing
Reporting owner signature: By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell

Key filing fact

Katrina O'Connell filed Form 4 for GAP INC (GAP) on 18 Mar 2026.

Key facts

This page summarizes Katrina O'Connell's Form 4 filing for GAP INC (GAP).
7 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 18 Mar 2026, 18:05.

Change

Previous filing in this sequence was filed on 17 Mar 2026.
Current net transaction value: -$3,658,498.

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 0001806953 Primary reporting owner

O'Connell Katrina

Relationship: Chief Financial Officer
Address: TWO FOLSOM STREET, SAN FRANCISCO
Signature: By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell
Signature date: 18 Mar 2026

Reported non-derivative transactions

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

GAP transaction

Common Stock

Options Exercise

Transaction value
Shares: +23,417
Change %: +20%
Price: $0.000000^*
Shares after: 142,572
Date: 17 Mar 2026
Ownership: Direct

GAP transaction

Common Stock

Tax liability

Transaction value
Shares: -11,914
Change %: -8.4%
Price: $23.34^*
Shares after: 130,658
Date: 17 Mar 2026
Ownership: Direct

GAP transaction

Common Stock

Options Exercise

Transaction value
Shares: +34,258
Change %: +26%
Price: $13.93^*
Shares after: 164,916
Date: 17 Mar 2026
Ownership: Direct
Footnotes: F1

GAP transaction

Common Stock

Sale

Transaction value: $822,192
Shares: -34,258
Change %: -21%
Price: $24.00
Shares after: 130,658
Date: 17 Mar 2026
Ownership: Direct
Footnotes: F1

GAP transaction

Common Stock

Sale

Transaction value: $2,836,306
Shares: -119,155
Change %: -91%
Price: $23.80
Shares after: 11,503
Date: 17 Mar 2026
Ownership: Direct
Footnotes: F2, F3

GAP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 670
Date: 17 Mar 2026
Ownership: by Trust
Footnotes: F4

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
Shares: -34,258
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 17 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 34,258
Exercise price: $13.93
Footnotes: F1, F5

GAP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
Shares: -23,417
Change %: -9.9%
Price: $0.000000^*
Shares after: 213,194
Date: 17 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 23,417
Exercise price: $0.000000
Footnotes: F6, F7

^* 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 7 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 June 12, 2025.

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 June 12, 2025.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.55 to $24.12, 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

The reporting person and members of her immediate family are among the beneficiaries of this family trust. The reporting person disclaims beneficial ownership of the Gap Inc. common stock held by the trust except to the extent of her pecuniary interest therein.

Footnote F5

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.

Footnote F6

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

Footnote F7

On March 17, 2025, the reporting person was granted 70,251 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.