NACKMAN NEAL 4
4 · G III APPAREL GROUP LTD /DE/ · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
G-III Apparel (GIII) CFO Neal Nackman Receives RSU Award
What Happened
Neal Nackman, Chief Financial Officer of G-III Apparel Group (GIII), received an award of 7,997 restricted stock units (RSUs) on April 30, 2026. The grant is reported at $0.00 per share (7,997 × $0.00 = $0 on the Form 4), reflecting that these are contingent RSUs rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (Accession 0000821002-26-000010).
- Transaction type: Award/Grant (code A) — 7,997 RSUs @ $0.00 (total reported $0).
- Shares owned after transaction: not specified in the filing.
- Vesting/conditions: RSUs cliff vest on April 15, 2029 only if the reporting person remains employed by or continues to provide services to G-III (footnote).
- No sale or purchase occurred; this is a grant of future equity rather than an immediate cash transaction.
Context
RSUs represent a contingent right to receive common stock in the future if vesting conditions are met; they do not necessarily signal a current market buy or sell. For retail investors, awards are routine compensation for executives and should be viewed as compensation-related rather than a direct endorsement of near-term stock performance.
Insider Transaction Report
- Award
Common Stock, Par Value $.01 Per Share
[F1]2026-04-30+7,997→ 46,054 total
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.