4/A: Gap CEO Corrects Tax Withholding on Stock Transactions
Amendment to Insider Transaction Report
Gap Inc.'s President and CEO, Richard Dickson, filed an amended Form 4 to correct the number of shares withheld for tax purposes related to stock transactions on August 22, 2025.
Summary
- Richard Dickson, President & CEO of Gap Inc., filed an amended Form 4 (Form 4/A) to correct previously reported information.
- The amendment specifically addresses the number of shares withheld to satisfy tax liabilities related to stock transactions.
- The original Form 4, filed on August 25, 2025, incorrectly reported 55,679 and 59,159 shares withheld.
- The corrected numbers, as per this Form 4/A, are 59,045 and 62,736 shares withheld, respectively.
- These shares were disposed of on August 22, 2025, at a price of $21.2 per share.
- Following these reported transactions, Richard Dickson beneficially owns 286,583.735 shares of Gap Inc. Common Stock.
Sentiment
Score: 5
Explanation: This filing is purely administrative, correcting a previous report on shares withheld for tax. It has no direct positive or negative impact on the company's operational or financial outlook, hence a neutral score.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
NA
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Minimal to none, as this is an administrative correction of an insider's personal tax-related stock transaction and does not impact company operations, strategy, or financial health.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 08/22/2025 | Date of stock transactions where shares were withheld for tax liability. |
| 08/25/2025 | Date the original Form 4 was filed. |
| 09/26/2025 | Date the amended Form 4/A was signed. |
Recommendation
holdThis filing is an administrative correction to a Form 4, detailing a minor adjustment in the number of shares withheld for tax purposes by the CEO. It does not provide any new material information regarding the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as existing investment theses remain unchanged based on this specific filing.
Keywords
Gap Inc., GAP, Richard Dickson, Form 4/A, SEC filing, insider transaction, stock ownership, tax withholding, beneficial ownership, CEO
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