Goldfarb Jeffrey David 4
4 · G III APPAREL GROUP LTD /DE/ · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
G-III Apparel EVP Jeffrey David Goldfarb Receives RSU Award
What Happened Jeffrey David Goldfarb, Executive Vice President and a director of G-III Apparel Group, Ltd. (GIII), was awarded 22,392 restricted stock units (RSUs) on April 30, 2026. The award was reported on a Form 4 filed May 4, 2026. The grant shows an acquisition price of $0.00 (typical for RSU awards); no shares were delivered to him immediately.
Key Details
- Transaction date: 2026-04-30; Form 4 filed: 2026-05-04.
- Transaction type/code: A (Award/Grant/Other Acquisition).
- Amount: 22,392 RSUs; reported price $0.00 (RSUs do not require immediate cash).
- Vesting: RSUs cliff-vest on April 15, 2029 only if Goldfarb remains employed or continues to provide services to G-III (per footnote).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Filed within a few days of the grant (no late filing indicated).
Context RSUs are a form of deferred equity compensation: each RSU represents a contingent right to receive one share at vesting. Because these RSUs cliff-vest in 2029, they do not reflect an immediate purchase or sale and are not an immediate market signal—their eventual value depends on G-III’s stock price at vesting and continued service.
Insider Transaction Report
- Award
Common Stock, Par Value $.01 Per Share
[F1]2026-04-30+22,392→ 768,708 total
- 24,896(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 47,170(indirect: By LLC)
Common Stock, Par Value $.01 Per Share
- 2,200(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
Footnotes (1)
- [F1]Consists of restricted stock units ("RSUs") each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd ("G-III"). The RSUs will cliff vest on April 15, 2029 only if the Reporting Person remains employed by or continues to provide services to G-III.