BROWN JOYCE F 4

What Happened
Joyce F. Brown, 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 (total reported value $0) because these are contingent RSUs that convert to shares only upon vesting. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (filed within the 2-business-day reporting window).
• Grant: 3,644 RSUs at $0.00 per unit (reported acquisition amount $0).
• Vesting: RSUs cliff-vest on June 11, 2027, subject to Brown’s continuous service as a director through the vesting date (per footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction type: A = Award/Grant. No sale, cash purchase, 10b5-1 plan, or tax-withholding transaction noted in the excerpt.

Context
RSUs are a form of equity compensation representing a contingent right to receive one share per unit at vesting; they are not immediately tradable and their eventual value depends on G-III’s stock price at vesting. Director RSU grants are commonly part of compensation and do not, by themselves, indicate buying or selling sentiment.