G-III Apparel Group (GIII) director awarded 3,644 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN JOYCE F reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director Joyce F. Brown received a stock-based compensation award in the form of restricted stock units. On June 11, 2026, she was granted 3,644 RSUs of G-III common stock at no cash cost, increasing her direct holdings to 20,905 shares.
The RSUs represent a contingent right to receive one share of common stock each and will cliff vest on June 11, 2027, as long as she continues to serve as a director through that date. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN JOYCE F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 3,644 | $0.00 | -- |
Holdings After Transaction:
Common Stock, Par Value $.01 Per Share — 20,905 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,644 units
Post-transaction holdings: 20,905 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSUs granted
3,644 units
Restricted stock units granted on June 11, 2026
Post-transaction holdings
20,905 shares
Common stock directly held after the RSU grant
Grant price
$0.00 per share
RSU award had no cash purchase price
Vesting date
June 11, 2027
Cliff vesting date, subject to continuous director service
Key Terms
restricted stock units ("RSUs"), cliff vest, contingent right, continuous service
4 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs") each representing a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
cliff vest financial
"The RSUs will cliff vest on June 11, 2027, subject to the Participant's continuous service"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
contingent right financial
"each representing a contingent right to receive one share of common stock"
continuous service financial
"subject to the Participant's continuous service as a Director with G-III"
FAQ
What insider transaction did GIII director Joyce F. Brown report?
Joyce F. Brown reported receiving a grant of restricted stock units. She was awarded 3,644 RSUs of G-III Apparel Group common stock as director compensation, with no cash paid per share for this award.
When do Joyce F. Brown’s newly granted GIII RSUs vest?
The 3,644 restricted stock units granted to Joyce F. Brown cliff vest on June 11, 2027. Vesting requires her to maintain continuous service as a director with G-III Apparel Group through that specific vesting date.
What are the terms of the GIII RSUs granted to Joyce F. Brown?
Each RSU represents a contingent right to receive one share of G-III common stock. The units were granted at a price of $0.00 per share and will cliff vest on June 11, 2027, subject to continued director service.