GAP Form 3: Director Jody Gerson Discloses Zero Beneficial Holdings

Rhea-AI Filing Summary

Jody Gerson, identified as a director of Gap Inc. (GAP), submitted an initial Section 16 filing reporting that she does not beneficially own any Gap securities. The filing is an initial Form 3 notifying the market of her status as an insider and clarifies that there are no non-derivative or derivative holdings reported on her statement. The form was executed by a named power of attorney on behalf of the reporting person.

Positive

• Disclosure completed for an insider, establishing a clear baseline of ownership status
• No beneficial ownership reported, removing immediate concerns about undisclosed insider holdings

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director Jody Gerson filed an initial insider report and disclosed no beneficial ownership of Gap securities.

The filing is procedural under Section 16 to register an insider relationship with the company. It signals that, at the time of the statement, the director held no direct or indirect equity or derivative positions in Gap. For governance monitoring, this is a clear, low-complexity disclosure that establishes an ownership baseline for subsequent reports.

Securities Compliance Analyst

TL;DR: The Form 3 documents insider status without any reportable holdings, representing a routine, neutral compliance disclosure.

From a compliance perspective, the submission fulfills the initial reporting requirement and indicates no immediate Section 16 reporting obligations tied to holdings. Future trading or awards would trigger additional filings. The involvement of a power of attorney for execution is common and disclosed on the form.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Gerson Jody

(Last) (First) (Middle)

TWO FOLSOM STREET

(Street)

SAN FRANCISCO CA 94105-1205

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/15/2025

3. Issuer Name and Ticker or Trading Symbol
GAP INC [ GAP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	By: Susanna Zhang, Power of Attorney For: Jody Gerson	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 3 for GAP?

Jody Gerson, identified as a director of Gap Inc. (GAP).

Does Jody Gerson beneficially own any GAP securities according to this filing?

No. The filing states that no securities are beneficially owned.

Was the Form 3 filed jointly or by a single reporting person?

Form filed by one reporting person as indicated on the document.

Was anyone authorized to sign the Form 3 on behalf of the reporting person?

Yes. The document shows it was executed by a named power of attorney on behalf of the reporting person.