Gap Inc (NYSE: GAP) brand CEO sells 11,899 shares in 10b5-1 trade

Rhea-AI Filing Summary

Gap Inc. executive Mark Breitbard, President & CEO of Gap Brand, reported an open-market sale of 11,899 shares of common stock at a weighted average price of $24.2098 per share on March 18, 2026. The shares were sold in multiple transactions between $23.75 and $24.42 under a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025. Following this sale, he directly holds 132,471 shares. This is an amended Form 4 filed to add a trade that was previously omitted due to an administrative error.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Breitbard Mark

(Last) (First) (Middle)

C/O GAP, INC.

2 FOLSOM STREET

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GAP INC [ GAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO, Gap Brand

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/19/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/18/2026		S(1)		11,899	D	$24.2098(2)	132,471	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025. This Form 4/A is being filed to include this sale which was inadvertently omitted due to an administrative error.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.75 to $24.42, 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.

	Susanna Zhang, Power of Attorney For: Mark Breitbard	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GAP executive Mark Breitbard report on this Form 4/A?

Mark Breitbard reported selling 11,899 Gap Inc. shares. He executed an open-market sale of common stock at a weighted average price of $24.2098 per share, with individual trade prices ranging from $23.75 to $24.42, all on March 18, 2026.

Was the GAP insider sale by Mark Breitbard part of a Rule 10b5-1 trading plan?

Yes, the sale was made under a Rule 10b5-1 plan. The filing states the transaction was effected pursuant to a pre-arranged trading plan adopted by Mark Breitbard on June 13, 2025, indicating the sale was scheduled in advance rather than initiated opportunistically.

How many GAP shares does Mark Breitbard hold after this reported sale?

After the sale, Mark Breitbard holds 132,471 shares. The Form 4/A shows that his direct ownership of Gap Inc. common stock stands at 132,471 shares following the 11,899-share open-market sale reported for March 18, 2026.

Why was this GAP Form 4/A filed as an amendment instead of an original Form 4?

The amendment corrects a prior omission of this trade. According to the footnotes, this Form 4/A was submitted to include the March 18, 2026 sale, which had been inadvertently left out earlier due to an administrative error by the reporting person.

What price range did Mark Breitbard receive for the sold GAP shares?

The shares were sold between $23.75 and $24.42. The filing explains that the reported weighted average price of $24.2098 reflects multiple transactions within this range, and detailed trade prices and sizes are available upon request.

What role does Mark Breitbard hold at GAP in connection with this insider transaction?

Mark Breitbard serves as President & CEO, Gap Brand. The filing identifies him as an officer of Gap Inc. in this leadership position, and the reported open-market sale reflects changes in his directly held common stock ownership.