GAP (GAP) insider files Rule 144 to sell 400,000 common shares

Rhea-AI Filing Summary

GAP insider William S. Fisher filed a Rule 144 notice to sell 400,000 shares of common stock through broker Stifel Nicolaus on the NYSE. The filing lists an aggregate market value of 10,806,822 for these shares and notes that 371,921,740 shares of the issuer’s common stock are outstanding. Fisher acquired the 400,000 shares as a gift on 09/27/2009 from Doris F. Fisher, who originally acquired them on 07/03/1969 for cash. Over the past three months, Fisher has already sold 243,064 shares on 09/04/2025 for gross proceeds of 5,788,669 and 200,000 shares on 09/15/2025 for gross proceeds of 4,772,517. By signing, he confirms he is not aware of undisclosed material adverse 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	400000	10806822	371921740	12/03/2025	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	400000	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
William S. Fisher 1300 Evans Avenue, No. 880154 San Francisco CA 94188	Common Stock	09/04/2025	243064	5788669
William S. Fisher 1300 Evans Avenue, No. 880154 San Francisco CA 94188	Common Stock	09/15/2025	200000	4772517

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

What does this Rule 144 filing disclose about GAP (GAP)?

The notice shows that William S. Fisher plans to sell 400,000 shares of GAP common stock under Rule 144 through broker Stifel Nicolaus on the NYSE, with an aggregate market value of 10,806,822.

How many GAP (GAP) shares are outstanding according to this filing?

The filing reports that there are 371,921,740 shares of the issuer’s common stock outstanding, providing context for the planned 400,000-share sale.

How did William S. Fisher acquire the 400,000 GAP shares to be sold?

The 400,000 GAP common shares were acquired as a gift on 09/27/2009 from Doris F. Fisher, who originally acquired the shares on 07/03/1969 for cash.

What GAP stock sales has William S. Fisher made in the last 3 months?

Over the past three months, William S. Fisher sold 243,064 GAP common shares on 09/04/2025 for gross proceeds of 5,788,669, and 200,000 shares on 09/15/2025 for gross proceeds of 4,772,517.

What representation does the seller make in this GAP Rule 144 notice?

By signing, the seller represents that he does not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements can be Federal criminal violations.

Which broker will handle the planned GAP (GAP) Rule 144 share sale?

The planned sale of 400,000 GAP common shares will be handled by Stifel Nicolaus & Company Inc., located at 501 N Broadway, St. Louis, MO 63102, with trading listed on the NYSE.