G-III Apparel (GIII) CEO Morris Goldfarb Buys 40,000 Shares

What Happened

• Morris Goldfarb, CEO and Director of G-III Apparel Group Ltd. (GIII), acquired 40,000 shares on 2026-09-14 in an open market purchase. The reported weighted-average price was $27.94 per share, for a total transaction value of approximately $1,117,600. This is a purchase (acquisition), which many investors view as a stronger signal than routine sales, though no motive is stated.

Key Details

• Transaction date: 2026-09-14 (reported on Form 4 filed 2026-09-15).
• Transaction type/code: Open market purchase (P).
• Shares purchased: 40,000 at a weighted-average price of $27.94; total ≈ $1,117,600.
• Price range footnote: F1 notes the $27.94 is a weighted average of multiple trades priced between $27.77 and $28.12; detailed trade-level amounts/prices are available to the issuer, shareholders, or the SEC on request.
• Shares owned after transaction: Not specified in the provided summary (see the full Form 4 for beneficial ownership totals).
• Filing timeliness: Report appears timely (transaction 9/14; Form 4 filed 9/15).

Context

• This was a direct purchase (P), not an option exercise, gift, or award. Purchases by executives can attract attention from retail investors because they indicate the insider used personal funds to buy stock, but they do not prove future company performance.
• For full details (exact post-transaction holdings and any additional footnotes), consult the complete Form 4 filing (Accession 0000821002-26-000041) on SEC.gov.