GAP INC

Item 2.02 Results of Operations and Financial Condition. On August 27, 2026, The Gap, Inc. (the “Company”) issued a press release (the “Earnings Press Release”) announcing the Company’s earnings for the second quarter of fiscal 2026 ended August 1, 2026. A copy of the Earnings Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information provided pursuant to this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 27, 2026, the Company issued a press release (the “Transition Press Release”) announcing that Horacio “Haio” Barbeito will be stepping down from his role as President and Chief Executive Officer of Old Navy, effective November 2, 2026. Mr. Barbeito will be eligible for separation benefits based on his separation in accordance with the terms of the Company's Senior Executive Severance Plan, which was previously filed with the Securities and Exchange Commission. Mr. Barbeito will continue to serve as an Executive Advisor to the Company through January 30, 2027.

Item 7.01 Regulation FD Disclosure. The Transition Press Release also announced the appointment of Michael Francis as President and Chief Executive Officer of Old Navy to succeed Mr. Barbeito. Mr. Francis currently serves as Chief Customer Officer, Old Navy and Head of Marketing Shared Services, Gap Inc., and will begin his new role on November 2, 2026. A copy of the Transition Press Release is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated by reference. The information provided pursuant to this Item 7.01, including Exhibit 99.2 attached hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.