GAP INC (GAP) Chief People Officer Amanda Thompson Sells 25,000 Shares

What Happened Amanda J. Thompson, Chief People Officer of GAP INC (GAP), sold a total of 25,000 shares in open-market transactions on April 6, 2026. The sales were executed at a weighted average price of $25.14 per share, for aggregate proceeds of approximately $628,385 (23,212 shares for $583,443 and 1,788 shares for $44,942). This filing reports sales (S), not purchases.

Key Details

• Transaction date: April 6, 2026 (reported on Form 4 filed April 7, 2026).
• Trade details: 23,212 shares sold @ weighted avg $25.14 = $583,443; 1,788 shares sold @ weighted avg $25.14 = $44,942. Total: 25,000 shares for ~$628,385.
• Price range: sales occurred in multiple transactions at prices from $25.13 to $25.145 (footnote F1).
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Reported the next day (filed April 7, 2026), indicating a timely Form 4.
• Transaction code: S = Sale (open-market sale).

Context

• Open-market sales are common for insiders for liquidity or personal reasons and do not by themselves indicate the insider’s view of the company’s prospects.
• Footnote F1 notes the reported price is a weighted average across multiple trades; the filer offers to provide detailed trade-by-trade prices on request.