Gap (GAP) insider William S. Fisher files Rule 144 to sell 88,860 shares
Rhea-AI Filing Summary
Gap insider William S. Fisher filed a Rule 144 notice to sell 88,860 shares of Gap common stock through broker Stifel Nicolaus & Company on the NYSE. The filing lists an aggregate market value of $2,383,456 for these shares and notes that 371,921,740 shares of Gap common stock are outstanding. The shares to be sold were originally acquired as a gift on 09/27/2009 from Doris F. Fisher, with the donor’s acquisition and payment dated 07/03/1969 and described as paid in cash. The notice also discloses recent sales by William S. Fisher over the past three months, including 400,000 shares sold on 12/03/2025, 200,000 shares sold on 09/15/2025, and 243,064 shares sold on 09/04/2025, with gross proceeds reported for each transaction. The signer represents that they are not aware of undisclosed material adverse information about Gap’s current or prospective operations.
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FAQ
What does the Form 144 filing for GAP disclose about upcoming stock sales?
The Form 144 indicates that 88,860 shares of Gap common stock are planned to be sold under Rule 144 through Stifel Nicolaus & Company on the NYSE, with an aggregate market value of $2,383,456.
Who is selling GAP shares in this Form 144 notice?
The notice relates to sales for the account of William S. Fisher, who is identified by name in the section detailing prior sales over the last three months.
How many GAP shares are outstanding according to the Form 144?
The filing states that there are 371,921,740 shares of Gap common stock outstanding, providing context for the size of the planned Rule 144 sale.
What recent GAP stock sales by William S. Fisher are disclosed?
Over the past three months, the filing lists sales of 400,000 shares on 12/03/2025, 200,000 shares on 09/15/2025, and 243,064 shares on 09/04/2025, each with reported gross proceeds.
How were the GAP shares to be sold originally acquired?
The 88,860 shares to be sold are common stock acquired as a gift on 09/27/2009 from Doris F. Fisher, with the donor’s acquisition and payment dated 07/03/1969 and described as paid in cash.
What representation does the seller make about information on GAP?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about Gap’s current or prospective operations that has not been publicly disclosed.
Which exchange will the GAP shares in this Form 144 filing be sold on?
The Form 144 specifies that the Gap common stock covered by the notice is to be sold on the NYSE.