4,065-share RSU award to G-III (NASDAQ: GIII) director Brosig
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROSIG THOMAS reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director Thomas Brosig received a grant of 4,065 restricted stock units (RSUs), each representing one share of common stock. The RSUs will cliff vest on June 11, 2027, if he continues serving as a director through that date. Following this grant, he holds 61,997 shares directly, including these RSUs. This was a stock award, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROSIG THOMAS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 4,065 | $0.00 | -- |
Holdings After Transaction:
Common Stock, Par Value $.01 Per Share — 61,997 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 4,065 RSUs
Post-grant holdings: 61,997 shares
Vesting date: June 11, 2027
+1 more
4 metrics
RSU grant size
4,065 RSUs
Grant reported on June 11, 2026
Post-grant holdings
61,997 shares
Total direct holdings after RSU grant
Vesting date
June 11, 2027
Cliff vesting date for RSUs, subject to continuous director service
Grant price per share
$0.00 per share
Reported transaction price for RSU award
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 to receive one share"
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 of G-III"
continuous service financial
"subject to the Participant's continuous service as a Director with G-III through the vesting date"
FAQ
What did GIII director Thomas Brosig receive in this Form 4 filing?
Director Thomas Brosig received 4,065 restricted stock units (RSUs) of G-III Apparel Group common stock. Each RSU represents a contingent right to one share, awarded at no cash cost to him in this transaction.
When do Thomas Brosig’s new GIII RSUs vest?
The 4,065 GIII RSUs granted to Thomas Brosig will cliff vest on June 11, 2027. Vesting requires his continuous service as a director with G-III Apparel Group through that vesting date.
Was the GIII transaction a purchase or sale by Thomas Brosig?
The GIII transaction was neither a market purchase nor a sale. It was a grant or award acquisition of 4,065 restricted stock units, reported under transaction code A for a non-derivative stock award.
What conditions apply to Thomas Brosig’s GIII RSU award?
The RSU award vests only if Thomas Brosig maintains continuous service as a G-III Apparel Group director through June 11, 2027. If he does not remain in that role, the unvested RSUs may not be delivered as shares.