[Form 4] GAP INC Insider Trading Activity

Rhea-AI Filing Summary

Gap Inc. insider Form 4 filing details a small stock gift. A reporting person who is both a director and 10% owner of Gap Inc. (GAP) reported a transaction dated 11/24/2025. The filing shows a gift (code G) of 17,050 shares of common stock at a reported price of $0, which is how gifts are typically recorded.

After this transaction, the insider directly holds 12,813,658 shares of Gap common stock. The filing also lists additional indirect holdings of 132,257 shares held by a spouse, 2,829,502 shares held by a trust, and 22,015,000 shares held through limited partnerships. No derivative securities transactions are reported in this filing.

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
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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).

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 ROBERT J

(Last) (First) (Middle)

1300 EVANS AVENUE, NO. 880154

(Street)

SAN FRANCISCO CA 94188

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		G		17,050	D	$0	12,813,658	D
Common Stock								132,257	I	By Spouse
Common Stock								2,829,502	I	By Trust
Common Stock								22,015,000	I	By Limited Partnerships

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:

	/s/ Jane Spray, Attorney-in-Fact	11/26/2025
	** 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.

FAQ

What insider activity did GAP report on this Form 4?

The Form 4 shows a gift (transaction code G) of 17,050 shares of Gap Inc. common stock by a reporting person who is both a director and 10% owner, with the transaction dated 11/24/2025.

How many GAP shares does the insider own directly after the reported transaction?

Following the reported gift, the insider directly owns 12,813,658 shares of Gap Inc. common stock.

What indirect Gap Inc. (GAP) holdings are disclosed in this Form 4?

The filing reports indirect ownership of 132,257 shares held by a spouse, 2,829,502 shares held by a trust, and 22,015,000 shares held through limited partnerships.

Does this GAP Form 4 include any derivative securities transactions?

No derivative securities (such as options or warrants) are reported as acquired, disposed of, or beneficially owned in the derivative securities table of this Form 4.

What is the relationship of the reporting person to Gap Inc. (GAP)?

The reporting person is identified as both a Director and a 10% Owner of Gap Inc.

Was this GAP Form 4 filed for one person or multiple reporting persons?

The filing indicates it is a Form filed by One Reporting Person under the individual or joint/group filing section.

Who signed the GAP Form 4 and in what capacity?

The Form 4 is signed by /s/ Jane Spray, Attorney-in-Fact, indicating signature on behalf of the reporting person under a power of attorney.