Glenn Murphy, Chairman and CEO at GAP INC (GPS), sold 500,000 shares at $36.00 ($17.8M) on 2013-03-07, disclosed to the SEC on 2013-03-08.
Scheduled sale ($17.8M) by Chairman and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $35.00 | 250,000 | $8.8M | 49.3% |
| 2 | $36.00 | 87,035 | $3.1M | 17.7% |
| 3 | $36.00 | 162,965 | $5.9M | 33.1% |
| Total | $35.50 avg | 500,000 | $17.8M | 100% |
| Filing → |
| GPS | SELL | 2014-02-28 | $13.2M | — | Filing → |
| GPS | SELL | 2013-08-22 | $8.6M | — | Filing → |
| GPS | SELL | 2013-06-10 | $16.8M | — | Filing → |