STOCK TITAN

G-III (GIII) CEO Morris Goldfarb receives 76,775 RSUs, holds over 4.0M shares

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

Rhea-AI Filing Summary

GOLDFARB MORRIS reported acquisition or exercise transactions in this Form 4 filing.

G-III Apparel Group CEO Morris Goldfarb reported an insider equity award in the form of restricted stock units (RSUs). On April 30, 2026, he received 76,775 RSUs, each representing a contingent right to receive one share of G-III common stock at a price of $0.00 per unit.

The RSUs will cliff vest on April 15, 2029, meaning none vest before that date, and vesting requires that he remain employed by or continue providing services to G-III through that date. Following this grant, he directly holds 4,064,856 shares of G-III common stock, in addition to various indirect holdings reported through family-related entities.

Positive

  • None.

Negative

  • None.
Insider GOLDFARB MORRIS
Role CEO
Type Security Shares Price Value
Grant/Award Common Stock, Par Value $.01 Per Share 76,775 $0.00 --
holding Common Stock, Par Value $.01 Per Share -- -- --
holding Common Stock, Par Value $.01 Per Share -- -- --
holding Common Stock, Par Value $.01 Per Share -- -- --
holding Common Stock, Par Value $.01 Per Share -- -- --
holding Common Stock, Par Value $.01 Per Share -- -- --
Holdings After Transaction: Common Stock, Par Value $.01 Per Share — 4,064,856 shares (Direct, null); Common Stock, Par Value $.01 Per Share — 200,000 shares (Indirect, Arlene Goldfarb 2012 Delaware Trust)
Footnotes (1)
  1. [object Object]
RSU grant size 76,775 units Restricted stock units granted on April 30, 2026
RSU grant price $0.00 per unit Compensation award, not market purchase
RSU vesting date April 15, 2029 Cliff vesting contingent on continued service
Direct shares after transaction 4,064,856 shares Common stock directly owned following RSU grant
Family foundation holdings 140,258 shares Indirect ownership via The Morris And Arlene Goldfarb Family Foundation
Spouse indirect holdings 29,666 shares Indirect ownership reported as held by spouse
Morris Goldfarb 2012 Trust 200,000 shares Indirect ownership via Morris Goldfarb 2012 Delaware Trust
Arlene Goldfarb 2012 Trust 200,000 shares Indirect ownership via Arlene Goldfarb 2012 Delaware Trust
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 remains employed"
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 of G-III Apparel Group"
indirect financial
"ownership_type": "indirect", "ownership_code": "I""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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*
GOLDFARB MORRIS

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
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 Share04/30/2026A76,775(1)A$04,064,856D
Common Stock, Par Value $.01 Per Share200,000IArlene Goldfarb 2012 Delaware Trust
Common Stock, Par Value $.01 Per Share166,750IGoldfarb Family Partners, LLC
Common Stock, Par Value $.01 Per Share200,000IMorris Goldfarb 2012 Delaware Trust
Common Stock, Par Value $.01 Per Share29,666ISpouse
Common Stock, Par Value $.01 Per Share140,258IThe Morris And Arlene Goldfarb Family Foundation
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/ Morris Goldfarb05/01/2026
** 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 insider transaction did GIII CEO Morris Goldfarb report on this Form 4?

Morris Goldfarb reported receiving 76,775 restricted stock units (RSUs) of G-III common stock. Each RSU represents a contingent right to one share, granted at $0.00 per unit as part of his compensation, rather than an open-market share purchase or sale.

When do Morris Goldfarb’s new GIII RSUs vest and what is required?

The 76,775 RSUs will cliff vest on April 15, 2029. None vest before that date, and vesting requires that Goldfarb remain employed by or continue to provide services to G-III Apparel Group through the vesting date, according to the filing footnote.

How many GIII shares does Morris Goldfarb hold directly after this RSU grant?

After the RSU grant, Morris Goldfarb directly holds 4,064,856 shares of G-III common stock. This direct ownership figure is reported in the Form 4 as the total number of common shares held following the April 30, 2026 equity award transaction.

Are the 76,775 GIII RSUs a market purchase or a compensation award?

The 76,775 RSUs are a compensation-related award, not a market purchase. The filing labels the transaction with code A, described as a grant, award, or other acquisition, and shows a transaction price of $0.00 per share for the restricted stock units.