G-III CEO awarded 76,775 RSUs in stock grant
GOLDFARB MORRIS reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
Grant/Award: 76,775 shares
Grant/Award
6 txns
Insider
GOLDFARB MORRIS
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 76,775 | $0.00 | $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);
Common Stock, Par Value $.01 Per Share — 200,000 shares (Indirect, Arlene Goldfarb 2012 Delaware Trust);
Common Stock, Par Value $.01 Per Share — 166,750 shares (Indirect, Goldfarb Family Partners, LLC);
Common Stock, Par Value $.01 Per Share — 200,000 shares (Indirect, Morris Goldfarb 2012 Delaware Trust);
Common Stock, Par Value $.01 Per Share — 29,666 shares (Indirect, Spouse);
Common Stock, Par Value $.01 Per Share — 140,258 shares (Indirect, The Morris And Arlene Goldfarb Family Foundation)
Footnotes (1)
- F1. 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.
Key Figures
RSU grant size: 76,775 units
RSU grant price: $0.00 per unit
RSU vesting date: April 15, 2029
+5 more
8 metrics
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
Key Terms
restricted stock units ("RSUs"), cliff vest, contingent right, indirect, +1 more
5 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 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""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
