John Fisher gifts Gap (GAP) shares via family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GAP INC major shareholder John J. Fisher, a ten percent owner, reported a bona fide gift of 273,596 shares of Common Stock on June 8, 2026. The gift was made through trusts, reflecting an indirect transfer rather than a market sale.
Following the gift, the reporting person’s trust holdings shown in this filing stand at 5,864,614 shares of Common Stock held indirectly by trusts. Additional positions reported include 22,020,000 shares held indirectly by limited partnerships and 8,613,622 shares held directly, underscoring that the filing reflects a sizable continuing ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
273,596 shares gifted
Mixed
7 txns
Insider
FISHER JOHN J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 273,596 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,864,614 shares (Indirect, By Trusts);
Common Stock — 8,613,622 shares (Direct, null)
Footnotes (1)
Key Figures
Gifted shares: 273,596 shares
Gift price per share: $0.0000 per share
Trust holdings after gift: 5,864,614 shares
+3 more
6 metrics
Gifted shares
273,596 shares
Bona fide gift of Common Stock coded G on June 8, 2026
Gift price per share
$0.0000 per share
Reported transaction price for the 273,596-share gift
Trust holdings after gift
5,864,614 shares
Total Common Stock held indirectly "By Trusts" following transaction
Direct holdings
8,613,622 shares
Common Stock held directly after reported transactions
Limited partnership holdings
22,020,000 shares
Common Stock held indirectly "By Limited Partnerships" as of June 8, 2026
Spouse holdings
51,692 shares
Common Stock held indirectly "By Spouse" after reported transactions
Key Terms
bona fide gift, ten percent owner, indirect ownership, Common Stock, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner financial
"reporting person is marked as "is_ten_percent_owner": 1"
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership "By Trusts""
Common Stock financial
"security_title: "Common Stock" for all reported holdings"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "GAP INC""
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.
FAQ
What insider transaction did John J. Fisher report for GAP on this Form 4?
John J. Fisher reported a bona fide gift of 273,596 shares of GAP Common Stock. The shares were transferred indirectly through trusts, with no sale proceeds, and reflect a non-market disposition rather than an open-market trade.
What indirect GAP holdings through limited partnerships does John J. Fisher report?
The Form 4 shows an indirect position of 22,020,000 GAP Common Stock shares held "By Limited Partnerships." This indicates a large ownership block associated with Fisher through partnership entities, distinct from his direct and trust holdings.