FISHER JOHN J 4

What Happened
John J. Fisher, a reported 10% owner of Gap Inc (GAP), sold 300,000 shares in an open-market transaction on April 8, 2026. The weighted average sale price was $25.40 per share, for total proceeds of approximately $7,620,000. This was a sale (not a purchase), which is often routine for large owners and does not by itself indicate company outlook.

Key Details

• Transaction date: April 8, 2026 (reported on Form 4 filed April 10, 2026).
• Price: Weighted average $25.40; individual trades ranged $25.25–$25.545 (per footnote).
• Shares sold: 300,000; proceeds ≈ $7,620,000.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Reporting person can provide full breakdown of the multiple trades and exact prices on request to SEC, issuer, or a security holder.
• Timeliness: Filed April 10 for an April 8 sale — appears timely (Form 4 is typically due within two business days).

Context
As a 10% owner, Fisher is a large stakeholder but not necessarily an executive; such sales can be liquidity or portfolio-management moves. The filing contains no indication of option exercises, gifts, or a 10b5-1 plan. Retail investors should treat this as a factual record of a significant insider sale, not as a direct signal of company performance.