Breitbard Mark's Form 4 filing
Gap Inc (GAP) · filed Mar 17, 2025
- Accession no.
- 0000039911-25-000024
- Filed
- Mar 17, 2025
- Trade date
- Mar 14-15, 2025
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $328.0K. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Breitbard MarkCIK 0001704978 | Officer (President & CEO, Gap Brand) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 14, 2025 | Common Stock | SSaleDisposed | −16,055 | $20.43F2 | −$328,003.65 | 123,985 | Direct | |
| Mar 14, 2025 | Common Stock | MOption exerciseAcquired | +12,036 | $0.00 | $0 | 136,021 | Direct | |
| Mar 14, 2025 | Common Stock | FTax withholdingDisposed | −4,306 | $20.76 | −$89,392.56 | 131,715 | Direct | |
| Mar 15, 2025 | Common Stock | MOption exerciseAcquired | +5,283 | $0.00 | $0 | 136,998 | Direct | |
| Mar 15, 2025 | Common Stock | FTax withholdingDisposed | −1,890 | $20.13 | −$38,045.7 | 135,108 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 14, 2025 | Common Stock | MOption exerciseDisposed | −12,036 | $0.00 | $0 | 136,420 | Direct | |
| Mar 15, 2025 | Common Stock | MOption exerciseDisposed | −5,283 | $0.00 | $0 | 131,137 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.96, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Referenced by the price of 1 transaction in Table I.