Security holder (GAP) files Form 144 to sell 500,000 common shares

Rhea-AI Filing Summary

A security holder filed a notice of intent to sell 500,000 shares of common stock of the issuer. The planned sale is to be executed through Stifel Nicolaus & Company Inc. on the NYSE, with an indicated aggregate market value of $13,724,500 and reference to 371,921,740 shares outstanding. The approximate sale date is listed as December 1, 2025.

The shares to be sold were originally acquired as a gift on September 27, 2009 from Doris F. Fisher, who acquired and paid cash for these 500,000 shares on July 3, 1969. Over the prior three months, Robert J. Fisher sold an additional 500,000 common shares of the same issuer on September 24, 2025 for $11,448,149 in gross proceeds. By signing the notice, the seller represents they are not aware of material adverse, nonpublic information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St Louis MO 63102	500000	13724500	371921740	12/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/27/2009	Gift	Doris F. Fisher		07/03/1969	500000	07/03/1969	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Robert J. Fisher 1300 Evans Avenue, No. 880154 San Francisco CA 94188	Common Stock	09/24/2025	500000	11448149

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares are being sold under this Form 144 for GAP?

The notice covers an intended sale of 500,000 shares of common stock of the issuer.

What is the approximate market value of the GAP shares to be sold?

The 500,000 shares of common stock have an indicated aggregate market value of $13,724,500 at the time of the notice.

When is the planned sale date for these GAP shares?

The approximate date of sale listed in the notice is December 1, 2025.

Through which broker will the GAP shares be sold and on which exchange?

The common stock is to be sold through Stifel Nicolaus & Company Inc. on the NYSE, as indicated in the filing.

Who previously sold GAP shares in the last three months and how many?

Robert J. Fisher sold 500,000 shares of common stock on September 24, 2025, generating $11,448,149 in gross proceeds.

How were the GAP shares being sold originally acquired?

The 500,000 shares were acquired as a gift on September 27, 2009 from Doris F. Fisher, who originally acquired and paid cash for them on July 3, 1969.

What representation does the seller make about nonpublic information regarding GAP?

By signing the notice, the person for whose account the securities are to be sold represents that they do not know of any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.