SEC Form 4 · accession 0001512944-26-000006
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathryn A. Hall
Director
Period of report
Jun 30, 2026
Accepted (ET)
Jul 1, 2026 · 4:59 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000039911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 30, 2026 | M | 1,743 | $0.00 | A | 24,946 | D | |
| Common Stock | Jun 30, 2026 | M | 19,036 | $0.00 | A | 43,982 | D | |
| Common StockF1 | holding | — | — | — | 3,389,284 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF2,F3,F4 | $0.00 | Jun 30, 2026 | A | 1,283 | A | — | — | Common Stock | 1,283 | 2,509 | D |
| Dividend Equivalent RightsF2,F5,F4 | $0.00 | Jun 30, 2026 | M | 1,744 | D | — | — | Common Stock | 1,744 | 765 | D |
| Stock UnitsF6,F7,F4 | $0.00 | Jun 30, 2026 | A | 9,903 | A | — | — | Common Stock | 9,903 | 44,536 | D |
| Stock UnitsF6,F8,F4 | $0.00 | Jun 30, 2026 | M | 19,036 | D | — | — | Common Stock | 19,036 | 25,500 | D |
Explanation of responses
- F1Reflects shares held directly by KBRWJ Investors LP (KBRWJ). Ms. Hall is the sole managing member of KHALL LLC, which is the general partner of KBRWJ, and, through KHALL LLC, has sole voting and dispositive power over the shares held by KBRWJ in a fiduciary capacity. Pursuant to Instruction 4 (b) (iv) of Form 4, Ms. Hall has elected to report the entire number of securities directly held by KBRWJ. Ms. Hall disclaims beneficial ownership of the shares held directly by KBRWJ, except to the extent of her indirect pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, Ms. Hall is the beneficial owner of all of these shares.
- F2Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
- F3The dividend equivalent rights accrued on stock units originally granted on June 30, 2023, June 30, 2024, and June 30, 2025, and are immediately vested. Vested shares 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.
- F4Not applicable.
- F5These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2023.
- F6Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
- F7Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
- F8These shares were issued in settlement of stock units granted on June 30, 2023.