Aaron Sammy 4

What Happened
Aaron Sammy, Vice Chairman and President (and a director) of G‑III Apparel Group, received an award of 57,581 restricted stock units (RSUs) on April 30, 2026. The grant was reported at a $0 per-share acquisition price (transaction code A = award/grant). The RSUs represent a contingent right to receive one share each in the future rather than immediate share ownership or a cash purchase.

Key Details

• Transaction date: 2026-04-30 (Form 4 filed 2026-05-04; filing appears timely under the two-business-day rule).
• Grant: 57,581 RSUs; reported acquisition price $0.00; reported value $0 at grant.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs cliff vest on April 15, 2029 only if the reporting person remains employed by or continues to provide services to G‑III (per footnote F1).
• Transaction code: A (award/grant).

Context
RSU grants are a common form of executive compensation meant to align management with long-term shareholder interests; they are not purchases and do not indicate immediate voting or sale activity. Because these RSUs have a multi-year cliff vesting condition (April 15, 2029), they only convert to shares if Sammy remains with the company through that date.