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Gap (GAP) Chief People Officer sells 25,000 shares in open-market trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GAP INC Chief People Officer Amanda J. Thompson reported selling 25,000 shares of Common Stock in open-market transactions. The sales occurred on April 6, 2026 at a weighted average price of $25.1354 per share, with individual trade prices ranging from $25.13 to $25.145.

After these two sales, she directly holds 86,228 shares of GAP INC common stock. The filing notes that detailed breakdowns of the number of shares sold at each price within the reported range are available upon request from the company, the SEC staff, or a security holder.

Positive

  • None.

Negative

  • None.
Insider Thompson Amanda J
Role Chief People Officer
Sold 25,000 shs ($628K)
Type Security Shares Price Value
Sale Common Stock 23,212 $25.1354 $583K
Sale Common Stock 1,788 $25.1354 $45K
Holdings After Transaction: Common Stock — 88,016 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 25,000 shares Aggregate common stock sold on April 6, 2026
Weighted average sale price $25.1354 per share Common Stock open-market sales on April 6, 2026
Price range of trades $25.13–$25.145 per share Range of individual transaction prices in the sale
Post-transaction holdings 86,228 shares Direct Common Stock held after reported sales
Largest single sale block 23,212 shares First reported open-market sale of Common Stock
Second sale block 1,788 shares Second reported open-market sale of Common Stock
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"This Form 4 shows that Amanda J. Thompson sold an aggregate of 25,000 shares."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief People Officer other
"officer_title: Chief People Officer"
A chief people officer is a senior executive responsible for overseeing a company's workforce and human resources strategies. They focus on attracting, developing, and retaining employees, ensuring a positive workplace culture, and aligning staff efforts with the company's goals. For investors, this role matters because strong leadership in managing people can drive productivity, innovation, and overall company performance.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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*
Thompson Amanda J
(Last)(First)(Middle)
TWO FOLSOM STREET
(Street)
SAN FRANCISCO CALIFORNIA 94105-1205
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/06/2026S23,212D$25.1354(1)88,016D
Common Stock04/06/2026S1,788D$25.1354(1)86,228D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.13 to $25.145, 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.
By: De Anna Mekwunye, Power of Attorney For: Amanda J. Thompson04/07/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GAP (GAP) report for Amanda J. Thompson?

GAP INC reported that Chief People Officer Amanda J. Thompson sold 25,000 shares of Common Stock. The Form 4 shows two open-market sale transactions on April 6, 2026, reducing her direct holdings but leaving her with 86,228 shares afterward.

At what price did Amanda J. Thompson sell GAP (GAP) shares?

The reported weighted average sale price was $25.1354 per share. According to the filing footnote, the individual transactions occurred at prices ranging from $25.13 to $25.145 per share, inclusive, across multiple trades executed that day.

How many GAP (GAP) shares does Amanda J. Thompson hold after the sale?

Following the reported transactions, Amanda J. Thompson directly holds 86,228 shares of GAP INC Common Stock. This post-transaction ownership figure is disclosed in the Form 4 and reflects her remaining direct equity position after the 25,000 shares were sold.

What is the total number of GAP (GAP) shares sold in this Form 4 filing?

The Form 4 shows that Amanda J. Thompson sold an aggregate of 25,000 shares. This total comes from two separate open-market sales of 23,212 shares and 1,788 shares, both executed on April 6, 2026, at the disclosed weighted average price.

What does the weighted average price disclosure mean in the GAP (GAP) Form 4?

The weighted average price indicates that multiple trades occurred at slightly different prices between $25.13 and $25.145. The Form 4 reports a single blended price of $25.1354 and states full trade details will be provided upon request to regulators or security holders.