G-III director receives 5,046 RSUs grant
WHITE RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
WHITE RICHARD reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director Richard White reported an equity award of 5,046 restricted stock units (RSUs). These RSUs relate to common stock with a par value of $0.01 per share and carry a stated price of $0.00 per unit, indicating a compensation grant rather than a market purchase.
The filing shows that following this award, White holds 97,798 shares directly. The RSUs will cliff vest on June 11, 2027, provided he continues serving as a director through that date. The form also lists indirect holdings of 1,268 shares each in the Elizabeth White Grantor Trust and the Alexandra White Grantor Trust.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant increases director’s equity stake with vesting conditions.
Director Richard White received an award of 5,046 restricted stock units at a stated price of $0.00 per unit. This is a typical equity compensation grant rather than an open-market transaction, so it carries limited signaling value about his view of the stock.
The RSUs cliff vest on June 11, 2027, contingent on continued board service. After this grant, White holds 97,798 shares directly, plus indirect positions of 1,268 shares in each of two grantor trusts. No derivative positions or sales appear in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 5,046 | $0.00 | $0.00 |
| holding | Common Stock, Par Value $.01 Per Share | -- | -- | -- |
| holding | Common Stock, Par Value $.01 Per Share | -- | -- | -- |
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 June 11, 2027, subject to the Participant's continuous service as a Director with G-III through the vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
cliff vest financial
continuous service financial
grant, award, or other acquisition financial
FAQ
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What did GIII director Richard White report in this Form 4?
When do Richard White’s new GIII RSUs vest?
Was there any open-market buying or selling of GIII stock in this Form 4?
What are restricted stock units (RSUs) in the context of GIII?
AI-generated analysis. How Rhea-AI works. Not financial advice.