Gilligan Sarah 4

What Happened Sarah Gilligan, GAP's Chief Supply Chain (and Transformation) officer, sold 69,912 shares of GAP stock on March 23, 2026 at $25.00 per share, generating proceeds of $1,747,800. This was a sale (not a purchase) and was executed via an open-market/private sale reported on Form 4.

Key Details

• Transaction date: 2026-03-23
• Transaction type: Sale (S) — open market or private sale
• Shares sold & price: 69,912 shares at $25.00 per share
• Proceeds: $1,747,800
• Shares owned after transaction: Not specified in the information provided (see the filed Form 4 for full holdings)
• Footnote: Sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025
• Filing timeliness: Form 4 filed 2026-03-24 for a 2026-03-23 transaction — appears timely (within required reporting window)

Context Sales carried out under a Rule 10b5-1 plan are prearranged and typically scheduled in advance, so they may not reflect the insider’s current view of the company. For retail investors, purchases generally carry more informational weight than routine sales; this transaction should be viewed as a planned disposition unless additional context from GAP or the insider indicates otherwise.