Form 4: Robert Fisher Reports Changes in Beneficial Ownership of Gap Inc. Stock

Robert Fisher, a director and 10% owner of Gap Inc., reports changes in his beneficial ownership of the company's common stock due to pro rata distributions and gifts.

Summary

• Robert Fisher, a director and 10% owner of Gap Inc., filed a Form 4 detailing changes in his beneficial ownership of Gap Inc. common stock.
• On March 10, 2025, there were pro rata distributions of 27,000,000 shares from FCH TBME LLC, of which Fisher is the sole manager and a member, and acquisitions of 22,000,000 shares by limited partnerships.
• Also on March 10, 2025, 5,000,000 shares were acquired directly.
• On March 11, 2025, gifts of 875 shares were made directly and another 875 shares were gifted to a spouse.
• Following these transactions, Fisher directly owns 12,972,730 shares, indirectly owns 22,015,000 shares through limited partnerships, and indirectly owns 132,257 shares through a spouse, and 3,329,502 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates