STOCK TITAN

G-III (GIII) CFO awarded 7,997 RSUs vesting in 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NACKMAN NEAL reported acquisition or exercise transactions in this Form 4 filing.

G-III Apparel Group reported that its Chief Financial Officer, Neal Nackman, received a grant of 7,997 shares of common stock in the form of restricted stock units. These RSUs carry no purchase price and will cliff vest on April 15, 2029, if he continues to serve the company. Following this award, he holds 46,054 shares directly.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant to G-III’s CFO with long-term vesting.

The filing shows Chief Financial Officer Neal Nackman received 7,997 restricted stock units, each representing one G-III common share, at no cash cost. These RSUs are a form of stock-based compensation rather than an open-market purchase.

The RSUs will cliff vest on April 15, 2029, contingent on continued employment or service. This long vesting schedule is designed to retain the executive and align incentives with longer-term company performance.

After this grant, Nackman directly holds 46,054 shares. With no derivative positions reported in this filing, the event appears to be a standard compensation award rather than a signal-driven market trade.

Insider NACKMAN NEAL
Role Chief Financial Officer/Treas
Type Security Shares Price Value
Grant/Award Common Stock, Par Value $.01 Per Share 7,997 $0.00 --
Holdings After Transaction: Common Stock, Par Value $.01 Per Share — 46,054 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 7,997 shares Restricted stock units awarded on April 30, 2026
Grant price $0.00 per share Reported transaction price for RSU award
Shares after grant 46,054 shares Direct holdings following the RSU award
Vesting date April 15, 2029 Cliff vesting date for the RSUs
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 April 15, 2029 only if the Reporting Person"
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NACKMAN NEAL

(Last)(First)(Middle)
C/O G-III APPAREL GROUP, LTD.
512 SEVENTH AVENUE

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
G III APPAREL GROUP LTD /DE/ [ GIII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer/Treas
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, Par Value $.01 Per Share04/30/2026A7,997(1)A$046,054D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of restricted stock units ("RSUs") each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd ("G-III"). The RSUs will cliff vest on April 15, 2029 only if the Reporting Person remains employed by or continues to provide services to G-III.
/s/ Neal Nackman05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did GIII CFO Neal Nackman receive in this Form 4 filing?

Neal Nackman received 7,997 restricted stock units, each equal to one G-III common share. The award is stock-based compensation rather than a market purchase and increases his directly held position to 46,054 shares after the grant.

When do Neal Nackman’s 7,997 RSUs from GIII vest?

The 7,997 RSUs granted to Neal Nackman will cliff vest on April 15, 2029. Vesting occurs only if he remains employed by or continues providing services to G-III Apparel Group through that date, reflecting a long-term retention incentive.

Did the GIII CFO pay cash for the 7,997 RSUs reported?

No, the 7,997 RSUs were granted at a reported price of $0.00 per share. This indicates a compensation award, not an open-market purchase, with value realized later as the RSUs vest into common stock over time.

How many GIII shares does the CFO hold after this RSU grant?

Following the 7,997 RSU grant, Neal Nackman is reported to hold 46,054 shares of G-III common stock directly. This figure reflects his position after the award and provides context for the relative size of the new grant.

What conditions apply to the GIII RSUs granted to the CFO?

Each RSU represents a contingent right to receive one G-III common share. The units cliff vest on April 15, 2029, only if Neal Nackman remains employed by, or continues to provide services to, G-III Apparel Group through that date.