Chan Eric Kayen 4

What Happened Eric Kayen, GAP Inc.'s Chief Business & Strategy Officer, reported sales on April 10, 2026. The report shows two disposals: 12,441 shares sold at an average reported price of $26.19 for proceeds of $325,799, and 935.848 shares sold at $26.14 for proceeds of $24,468 — total ~13,376.848 shares and roughly $350,267 in proceeds. These were reported as sales (S) — disposals, not purchases.

Key Details

• Transaction date: 2026-04-10; Form 4 filed: 2026-04-13 (filed timely).
• Breakdown: 12,441 shares @ reported weighted average $26.19 (see footnote); 935.848 shares @ $26.14.
• Total proceeds: about $350,267.
• Footnote: The $26.19 figure is a weighted average for the larger block (sold in multiple trades at prices ranging $26.18–$26.205). The filer can provide per-trade details on request.
• Shares owned after the transaction: not provided in the supplied filing details.

Context

• The filing lists open-market or private sale (S); such sales are commonly routine (e.g., diversification or tax/liquidity needs) and do not by themselves indicate a change in company prospects. No options exercise, gift, or 10% owner status is indicated in the provided information.