GAP.NYSEGap INC

Form 4: Gap Inc. Insider Shattuck Reports Stock Transactions

Sentiment:

Statement of Changes in Beneficial Ownership


📋All filings for Gap INC

Mayo A. Shattuck III, a Director at Gap Inc., has reported transactions involving the acquisition of common stock and settlement of dividend equivalent rights and stock units.

Summary

  • Mayo A. Shattuck III, a Director of Gap Inc., reported the acquisition of 1,743 shares of common stock and 19,036 shares of common stock on June 30, 2026.
  • These acquisitions were part of the settlement of dividend equivalent rights and stock units.
  • Following these transactions, Shattuck beneficially owns 181,082 shares of common stock directly.
  • Additionally, dividend equivalent rights and stock units were settled, resulting in the acquisition of 1,282.7261 and 1,743.7407 dividend equivalent rights, and 9,903 and 19,036 stock units, respectively.
  • These settlements resulted in the acquisition of 2,508.621 and 764.8803 shares of common stock, and 44,536 and 25,500 shares of common stock, respectively.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to compensation and vesting schedules rather than a strategic shift or significant personal investment/divestment.

Positives

  • Director Mayo A. Shattuck III acquired additional shares of Gap Inc. common stock.
  • The transactions indicate continued investment and ownership by a key insider.
  • Dividend equivalent rights and stock units, which represent economic value, were settled, increasing the reporting person's holdings.

Future Outlook

Vested shares from stock units and dividend equivalent rights are delivered to the reporting person no sooner than three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. These filings are crucial for investors seeking to understand insider sentiment and potential shifts in beneficial ownership within the retail sector.

Stakeholder Impact

  • Shareholders: Increased transparency into insider holdings and potential alignment of interests.
  • Employees: Indirectly, as these transactions relate to executive compensation structures.
  • Management: Confirms continued directorship and engagement of Mayo A. Shattuck III.

Next Steps

  • Delivery of shares from stock units and dividend equivalent rights will occur no sooner than three years from the grant date, or upon cessation of service as a Board member.

Key Dates

DateDescription
06/30/2023Date of grant for some stock units and dividend equivalent rights.
06/30/2024Date of grant for some stock units and dividend equivalent rights.
06/30/2025Date of grant for some stock units and dividend equivalent rights.
06/30/2026Transaction date for acquisition of common stock and settlement of dividend equivalent rights and stock units.
07/01/2026Date of signature for the filing.

Keywords

Gap Inc., GAP, Form 4, Insider Trading, Stock Transaction, Director, Beneficial Ownership, Common Stock, Dividend Equivalent Rights, Stock Units

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