VITALI CHERYL L 4

What Happened

• Cheryl L. Vitali, a director of G-III Apparel Group, Ltd. (GIII), was granted 3,644 restricted stock units (RSUs) on June 11, 2026. The grant is reported at $0.00 per unit (transaction code A), so no cash was exchanged at grant.
• Each RSU represents a contingent right to one share of G-III common stock. The RSUs will cliff vest on June 11, 2027, subject to Vitali’s continuous service as a director through that date.

Key Details

• Transaction date: 2026-06-11; Filing date: 2026-06-15 (filed within the usual two business-day Form 4 window).
• Amount: 3,644 RSUs; reported price: $0.00; reported total value at grant: $0.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Footnote: The RSUs each convert to one share upon vesting and are contingent on continued service (cliff vest 6/11/2027).

Context

• RSU grants are a form of equity compensation, not an open-market purchase or sale; they typically vest over time and become taxable or convertible to shares at vesting.
• Because these RSUs cliff vest a year after grant (and are contingent on continued service), there was no immediate change in outstanding shares or a sale of stock tied to this filing. This type of award is routine for compensation and does not by itself indicate insider buying or selling intent.