Toni Alberto Michele Maria 4

What Happened Toni Alberto Michele Maria, Chief Financial Officer of Guess, Inc. (GES), had 33,278 shares disposed of (cash-settled) on January 23, 2026 at $16.75 per share, for a total of $557,407. The reported disposition reflects the cash conversion of vested restricted stock units (RSUs) rather than an open-market sale.

Key Details

• Transaction date and price: January 23, 2026 — 33,278 shares at $16.75 each (total $557,407). Transaction code: J (other acquisition/disposition).
• Shares owned after transaction: not specified in the reported data.
• Footnotes: The transaction was the result of a merger (Merger Agreement dated Aug 20, 2025) in which Guess, Inc. was acquired and will be delisted/deregistered. Outstanding unvested RSUs that vested at the Effective Time were cancelled and converted into the right to receive cash equal to shares × $16.75, plus any accrued dividends, less required tax withholdings.
• Filing date: Form 4 filed Jan 27, 2026 (transaction occurred Jan 23, 2026) — reported four days after the disposition.

Context This was a cash settlement of vested RSUs under the terms of the merger, not a routine open-market sale. Such cash-outs are common in M&A transactions and reflect deal consideration and plan terms rather than a standalone trading signal about the insider’s view of the company.