G III APPAREL GROUP LTD /DE/·4

May 4, 4:14 PM ET

Goldfarb Jeffrey David 4

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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.