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Gap director William Sydney Fisher sells 500K shares

A director and ten percent owner reported two sales executed in multiple trades, with footnotes specifying a separate price range for each.

(Very High)

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Form Type
4

Rhea-AI Filing Summary

Gap Inc. (GAP) director and ten percent owner William Sydney Fisher reported direct sales of 433,656 shares on October 5, 2026, at a weighted-average price of $23.3500 per share, and 500,000 shares on October 6, 2026, at a weighted-average price of $23.8900 per share. The prices reflect weighted averages across multiple trades; no Rule 10b5-1 plan is reported. Separately, indirect holdings reported on October 5 included 16,010,911 shares by limited partnerships, 150,901 shares by his spouse, and 1,753,453 shares by a trust.

Insights

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Insider FISHER WILLIAM SYDNEY
Role Director, 10% Owner
Sold 933,656 shs ($22.07M)
Type Security Shares Price Value
Sale Common Stock F2 500,000 $23.89 $11.95M
Sale Common Stock F1 433,656 $23.35 $10.13M
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 15,903,198 shares (Direct); Common Stock — 16,010,911 shares (Indirect, By Limited Partnerships); Common Stock — 150,901 shares (Indirect, By Spouse); Common Stock — 1,753,453 shares (Indirect, By Trust)
Footnotes (2)
  1. F1. This transaction was executed in multiple trades at prices ranging from $23.255 to $23.5106. The price reported above reflects the weighted average sales price. 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 transaction was effected.
  2. F2. This transaction was executed in multiple trades at prices ranging from $23.6263 to $24.2016. The price reported above reflects the weighted average sales price. 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 transaction was effected.
Shares sold 433,656 shares October 5, 2026
Weighted-average sale price $23.3500 per share October 5, 2026
Shares sold 500,000 shares October 6, 2026
Weighted-average sale price $23.8900 per share October 6, 2026
Shares held by limited partnerships 16,010,911 shares Indirect holdings reported October 5, 2026
Shares held by spouse 150,901 shares Indirect holdings reported October 5, 2026
Shares held by trust 1,753,453 shares Indirect holdings reported October 5, 2026
weighted average sales price financial
"reflects the weighted average sales price"
ten percent owner regulatory
"director and ten percent owner"
indirect ownership financial
"shares by limited partnerships"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GAP shares did William Sydney Fisher sell?

He reported selling 433,656 shares on October 5, 2026 and 500,000 shares on October 6, 2026. The reported weighted-average prices were $23.3500 and $23.8900 per share, respectively.

What were the price ranges for William Sydney Fisher's GAP sales?

The October 5, 2026 sale was executed in multiple trades at prices ranging from $23.255 to $23.5106. The October 6, 2026 sale was executed in multiple trades at prices ranging from $23.6263 to $24.2016.

What indirect GAP holdings were reported for William Sydney Fisher?

Indirect holdings reported on October 5, 2026 included 16,010,911 shares by limited partnerships, 150,901 shares by his spouse, and 1,753,453 shares by a trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
FISHER WILLIAM SYDNEY

(Last)(First)(Middle)
1300 EVANS AVENUE, NO. 880154

(Street)
SAN FRANCISCO CALIFORNIA 94188

(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)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
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 Stock10/05/2026S433,656D$23.35(1)15,903,198D
Common Stock10/06/2026S500,000D$23.89(2)15,903,198D
Common Stock16,010,911IBy Limited Partnerships
Common Stock150,901IBy Spouse
Common Stock1,753,453IBy Trust
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. This transaction was executed in multiple trades at prices ranging from $23.255 to $23.5106. The price reported above reflects the weighted average sales price. 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 transaction was effected.
2. This transaction was executed in multiple trades at prices ranging from $23.6263 to $24.2016. The price reported above reflects the weighted average sales price. 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 transaction was effected.
/s/ Jane Spray, Attorney-in-Fact10/07/2026
** 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)

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