Gap Inc. Director Kristen Green Receives Award

What Happened Kristen Green, a member of the Gap Inc. Board of Directors, was granted 9,055 stock units on 2026-09-15 as an award/derivative acquisition. The filing shows an acquisition price of $0.00 (a grant), so no cash was paid. Each stock unit represents a contingent right to one share of Gap Inc. common stock; the units are immediately vested but actual share delivery is deferred.

Key Details

• Transaction date and type: 2026-09-15 — Grant/award of 9,055 stock units (derivative), $0.00 per unit.
• Vesting/delivery: Units are immediately vested; delivery of shares is deferred until three years from grant (unless delivered earlier upon cessation of board service).
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes: F1 — each unit = right to one share; F2 — immediate vesting with delivery deferred up to three years; F3 — not applicable.
• Filing timeliness: Reported with the 2026-09-15 Period of Report and same filing date; no late filing indicated.

Context This was a compensation grant to a director (common for board pay), not an open-market purchase or sale. Grants like this are routine corporate compensation and do not by themselves signal a buy or sell decision by the director. Because delivery is deferred, the recipient does not yet hold the underlying shares until the deferral period ends or service terminates.