Goldfarb Jeffrey David 4

4 · G III APPAREL GROUP LTD /DE/ · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

GIII (G-III) EVP Jeffrey Goldfarb Receives Award; Withholds Shares for Taxes

What Happened

Jeffrey D. Goldfarb, Executive Vice President and Director of G-III Apparel Group (GIII), had 65,112 Performance Stock Units (PSUs) vest on June 15, 2026 (acquired at $0). To satisfy tax obligations, 55,400 shares were withheld/disposed at $34.63 each, totaling $1,918,502. The net result was a vesting award combined with share withholding for taxes rather than an open-market sale.

Key Details

Transaction dates: Vesting and withholding occurred on 2026-06-15; Form 4 filed 2026-06-17 (timely).
Acquired: 65,112 shares (code A) at $0.00 — PSUs vested.
Disposed/Withheld: 55,400 shares (code F) at $34.63 — $1,918,502 withheld to cover tax liability.
Shares owned after transaction: Not specified in the filing.
Footnotes: The 65,112 PSUs were granted April 27, 2023 and vested after the company achieved 150% of both performance metrics (three-year cumulative EBIT and three-year average ROIC for fiscal 2024–2026). The 55,400 shares withheld cover taxes for the 65,112 PSUs and 43,408 RSUs (the RSUs were granted May 1, 2023).
Transaction codes: A = Award/Grant (vesting); F = Tax withholding (share disposition to satisfy taxes).

Context

This was a performance-based vesting event, not a discretionary open-market sale; the share disposition was a withholding to pay taxes. Such transactions are routine following vesting and generally reflect tax mechanics rather than insider sentiment.

Form 4

Period: 2026-06-15

DirectorExecutive Vice President

Transactions

Award
Common Stock, Par Value $.01 Per Share
[F1]
2026-06-15+65,112→ 833,871 total
Tax Payment
Common Stock, Par Value $.01 Per Share
[F2]
2026-06-15$34.63/sh−55,400$1,918,502→ 778,471 total

Holdings

Footnotes (2)

[F1]Consists of the vesting of 65,112 Performance Stock Units ("PSUs"), each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd., granted on April 27, 2023, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes and (ii) three-year average return on invested capital during the three-year performance period of fiscal 2024 through fiscal 2026 (the "Performance Period"). The Company achieved 150% of both metrics during the Performance Period.
[F2]Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 65,112 PSUs and 43,408 restricted stock units ("RSUs"). The grant of the RSUs was reported on the Form 4 filed May 1, 2023.

Signature

/s/ Jeffrey Goldfarb|2026-06-17

1 file