GAP 10% Owner Robert J. Fisher Gifts 43,250 Shares

What Happened

• Robert J. Fisher, identified as a 10% owner of GAP Inc., reported a gift of 43,250 GAP shares on September 29, 2026. The Form 4 shows the transaction code "G" (gift) and lists a per-share amount of $0.00, so no cash proceeds were received.

Key Details

• Transaction date: 2026-09-29
• Transaction type/code: Gift (G)
• Shares transferred/disposed: 43,250
• Reported price per share: $0.00 (gifts are typically reported this way)
• Proceeds: $0 reported
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for total beneficial ownership
• Filing date: 2026-10-01 (appears to be within the typical 2-business-day Form 4 reporting window)
• Notes: No footnotes provided in the summary; check the full filing for any additional details

Context

• Gifts are not sales or purchases and do not necessarily reflect the insider’s view of the company’s prospects; they are often used for estate planning, charitable donations, or family transfers. As a 10% owner, Fisher is a significant shareholder but this transaction is an ownership transfer, not an investment purchase or cash sale. Retail investors should view gifts differently than open-market buys or sales when assessing insider sentiment.