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Insider Cluster (7 insiders) ·Filed Mar 16, 2026

GAP

GAP INC
NEUTRAL
Impact 4/10
Horizondays Processed7mo ago
Insider cluster: 3 insiders, $5.4M total
Actionable Insight • Neutral

Monitor for follow-up open-market transactions; isolated insider selling at this level is routine, but continued selling could signal concern. Check next earnings date for potential event-driven vesting.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
GAP ▼ -8.54% at T+60d
NEUTRAL call -8.54% · α vs SPY -18.40% · entry $23.68 → $21.66
Entry = T+0 close
Mar 16, 2026
via day close
T+1d
+0.75%
call +0.75% · α +2.15%
$23.86
settled 7mo ago
T+5d
+6.88%
call +6.88% · α +9.53%
$25.31
settled 7mo ago
T+20d
+8.95%
call +8.95% · α +4.65%
$25.80
settled 7mo ago
T+60d
-8.54%
call -8.54% · α -18.40%
$21.66
settled 5mo ago

Price Chart

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Executive Summary

Multiple Gap Inc. executives, including the CEO of Gap Inc. and brand-level CEOs, exercised stock options and triggered tax withholding share sales totaling $1.8 million. The activity is primarily non-cash, related to equity compensation vesting, with one open-market sale by the Gap Brand CEO worth $2.8 million.

Key Financial Metrics

Direction
selling
Total Value
$4.3M
Insiders
7

Key Facts

  • CEO of Gap Brand, Mark Breitbard, sold 119,155 shares in the open market for $2.8 million.
  • Multiple executives exercised stock options (M-coded transactions) with no cash outlay, resulting in tax withholding share surrenders (F-coded) totaling $1.48 million.
  • All derivative exercises were at $0 strike price, indicating vesting of stock awards rather than option purchases.
  • Total insider disposition value (including tax sales and open-market sale) is approximately $4.3 million over 7 days.
  • Total value represents ~0.05% of Gap Inc.'s $8.9B market cap — below the 0.1% threshold for materiality.

Financial Impact

$4.3 million in total share dispositions, including $2.8 million in open-market sale and $1.5 million in tax-related sales

insider ownershipshare count (dilution minimal due to offsetting withholding)

Risk Factors

  • Perception of insider selling pressure, especially from Gap Brand CEO
  • Potential for additional tax withholding sales if more awards vest

Market Snapshot

Exchange
NYSE

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (20 trades, 7d window)cluster-GAP-1773970401148
18 reports for GAP
Performance horizon
100% Hit rate @ T+60 4 of 4 directional calls Went positive at some point 6 of 6 best @ T+60▲ +25.44%Apr 10, 2026
Filters
Rows
Reports for GAP — sortable, filterable
TypeNow
Oct 8, 2026
17d ago
SC 13D/A
NEUTRAL ★ 4/10
$23.23awaiting T+60—$22.50 (−3.12%)
Oct 8, 2026
18d ago
SC 13G
NEUTRAL ★ 3/10
$23.36awaiting T+60—$22.50 (−3.66%)
Oct 6, 2026
19d ago
144
BEARISH ★ 5/10
$23.61awaiting T+60—$22.50 (+4.68%)
Sep 15, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$20.17awaiting T+60—$22.50 (+11.58%)
Aug 12, 2026
10w ago
Press Release
BEARISH ★ 7/10
$20.39awaiting T+60—$22.50 (−10.37%)
Aug 4, 2026
11w ago
Press Release
NEUTRAL ★ 1/10
$20.57awaiting T+60—$22.50 (+9.41%)
May 28, 2026
21w ago
8-K
MIXED ★ 5/10
$21.15 $20.36▼ −3.74%▼ −4.92%$22.50 (+6.41%)
Apr 10, 2026
28w ago
Insider Cluster
BEARISH ★ 5/10
$25.28 $18.85▲ +25.44%▲ +35.00%$22.50 (+10.98%)
Apr 6, 2026
29w ago
Insider Cluster
BEARISH ★ 7/10
$25.17 $18.82▲ +25.23%▲ +38.70%$22.50 (+10.59%)
Mar 27, 2026
30w ago
DEFA14A
NEUTRAL ★ 2/10
$23.66 $20.22▼ −14.54%▼ −31.04%$22.50 (−4.89%)
Showing 10 of 18

US Market Status

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Report published Mar 19, 2026