The Gap (GPS) Form 144 File: Insider Plans Sale of 243,064 Shares

Rhea-AI Filing Summary

The filing is a Form 144 notice for The Gap, Inc. (GPS) reporting a proposed sale of 243,064 shares of common stock through Goldman Sachs & Co. LLC on the NYSE, with an aggregate market value of $5,788,669. The shares represent part of a holding originally acquired by gift on 11/12/2009 from Doris F. Fisher, with an indicated acquisition date for the donor of 07/03/1969 and payment described as cash. The filing shows 371,047,226 shares outstanding and lists the approximate sale date as 09/04/2025. No sales in the past three months are reported.

Insights

Securities Analyst

TL;DR: Routine insider sale notice: modest-sized disposition relative to outstanding shares, filed per Rule 144 requirements.

The Form 144 discloses a proposed sale of 243,064 GPS shares valued at $5.79 million, to be executed through Goldman Sachs on the NYSE. The shares were acquired by gift in 2009 from Doris F. Fisher. Reporting is consistent with Rule 144 timing and broker-assisted execution. Given the issuer's 371 million shares outstanding, the size of this proposed sale is small relative to market capitalization and is unlikely to materially affect share supply or price on its own. The filer affirms no undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure indicating adherence to Rule 144; no governance red flags present in the notice.

This Form 144 contains the required disclosures: identity of broker, number of shares, aggregate market value, acquisition details, and representation regarding material information. The donation origin (Doris F. Fisher) and long prior acquisition dates are clearly stated. Absence of recent sales in the prior three months simplifies aggregation rules. The filing reads as procedural and compliant; it does not allege any regulatory or governance issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	243064	5788669	371047226	09/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/12/2009	Gift	Doris F. Fisher		07/03/1969	243064	07/03/1969	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for The Gap, Inc. (GPS) disclose?

The notice discloses a proposed sale of 243,064 common shares via Goldman Sachs on the NYSE with aggregate market value $5,788,669 and approximate sale date 09/04/2025.

Who acquired the shares being sold and when were they acquired?

The shares were reported as acquired by gift on 11/12/2009 from Doris F. Fisher, with the donor's acquisition date noted as 07/03/1969.

How many The Gap, Inc. shares are outstanding according to the filing?

The filing reports 371,047,226 shares outstanding.

Does the filing report any sales of GPS securities in the past three months?

No. The Form 144 indicates Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker is handling the proposed sale in the Form 144?

The proposed sale lists Goldman Sachs & Co. LLC located at 200 West Street, New York, NY.