STOCK TITAN
  1. Home
  2. Sec-filings
  3. GAP
  4. [Form 4] GAP INC Insider Trading Activity

GAP Form 4: CEO Richard Dickson reports equity award settlements

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gap Inc. reported an insider transaction by President & CEO and Director Richard Dickson. On 11/08/2025, he acquired 14,834 and 1,521 shares of common stock at $0.0 per share, following the settlement of previously granted stock units and dividend equivalent rights from November 8, 2022. After these transactions, he beneficially owned 303,287.629 shares directly. The filing also notes dividend equivalent rights are economically equivalent to one share of common stock and accrued on the 2022 stock unit grant.

Positive

  • None.

Negative

  • None.
Insider DICKSON RICHARD
Role President & CEO, Gap Inc.
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 437.641 $0.00 --
Exercise Dividend Equivalent Rights 1,521.568 $0.00 --
Exercise Stock Units 14,834 $0.00 --
Exercise Common Stock 14,834 $0.00 --
Exercise Common Stock 1,521 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 2,179.395 shares (Direct); Stock Units — 12,204 shares (Direct); Common Stock — 301,766.629 shares (Direct)
Footnotes (1)
  1. Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP). Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. The dividend equivalent rights accrued on stock units originally granted on November 8, 2022, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. Not applicable. These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on November 8, 2022. Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. These shares were issued in settlement of stock units granted on November 8, 2022.
Form 4 Insider Transactions: What Each Field Means →
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
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*
DICKSON RICHARD
(Last) (First) (Middle)
TWO FOLSOM STREET
(Street)
SAN FRANCISCO CA 94105-1205
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GAP INC [ GAP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO, Gap Inc.
3. Date of Earliest Transaction (Month/Day/Year)
11/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 11/08/2025 M 14,834 A $0.0 301,766.629(1) D
Common Stock 11/08/2025 M 1,521 A $0.0 303,287.629 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
Dividend Equivalent Rights(2) $0.0 11/08/2025 A 437.6411 (3) (4) Common Stock 437.6411 $0.0 2,179.395 D
Dividend Equivalent Rights(2) $0.0 11/08/2025 M 1,521.5678 (5) (4) Common Stock 1,521.5678 $0.0 657.8272 D
Stock Units(6) $0.0 11/08/2025 M 14,834 (7) (4) Common Stock 14,834 $0.0 12,204 D
Explanation of Responses:
1. Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
2. Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
3. The dividend equivalent rights accrued on stock units originally granted on November 8, 2022, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
4. Not applicable.
5. These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on November 8, 2022.
6. Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
7. These shares were issued in settlement of stock units granted on November 8, 2022.
By: De Anna Mekwunye, Power of Attorney For: Richard Dickson 11/12/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GAP’s CEO report on Form 4?

Richard Dickson reported acquiring 14,834 and 1,521 GAP common shares at $0.0 on 11/08/2025 via equity grant settlements.

What is Richard Dickson’s role at GAP?

He is a Director and serves as President & CEO, Gap Inc.

How many shares does the CEO own after the transactions?

He beneficially owns 303,287.629 GAP common shares directly after the reported transactions.

What instruments were settled to deliver the shares?

Shares were delivered upon settlement of stock units and dividend equivalent rights originally granted on November 8, 2022.

What are dividend equivalent rights noted in the filing?

Each dividend equivalent right is the economic equivalent of one share of GAP common stock.

Was there a purchase price for the acquired shares?

The reported share acquisitions were at $0.0 per share, consistent with settlements of equity awards.