STOCK TITAN

G-III (GIII) director awarded 5,046 RSUs with 2027 cliff vesting

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

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 WHITE RICHARD
Role null
Type Security Shares Price Value
Grant/Award Common Stock, Par Value $.01 Per Share 5,046 $0.00 --
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 — 97,798 shares (Direct, null); Common Stock, Par Value $.01 Per Share — 1,268 shares (Indirect, Alexandra White Grantor Trust)
Footnotes (1)
  1. [object Object]
RSU grant size 5,046 RSUs Grant of restricted stock units on June 11, 2026
RSU grant price $0.00 per unit Stated price for RSU award
Direct holdings after grant 97,798 shares Common stock held directly after transaction
Elizabeth White Trust holdings 1,268 shares Indirect ownership via Elizabeth White Grantor Trust
Alexandra White Trust holdings 1,268 shares Indirect ownership via Alexandra White Grantor Trust
RSU vesting date June 11, 2027 Cliff vesting date subject to continuous director service
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 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.
continuous service financial
"subject to the Participant's continuous service as a Director with G-III through the vesting date"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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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*
WHITE RICHARD

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
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 Share06/11/2026A5,046(1)A$097,798D
Common Stock, Par Value $.01 Per Share1,268IAlexandra White Grantor Trust
Common Stock, Par Value $.01 Per Share1,268IElizabeth White Grantor Trust
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 June 11, 2027, subject to the Participant's continuous service as a Director with G-III through the vesting date.
/s/ Richard White06/15/2026
** 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 director Richard White report in this Form 4?

Richard White reported an award of 5,046 restricted stock units (RSUs) tied to G-III common stock. These RSUs were granted at a stated price of $0.00 per unit, reflecting equity compensation rather than an open-market stock purchase or sale.

When do Richard White’s new GIII RSUs vest?

The RSUs will cliff vest on June 11, 2027. Vesting requires Richard White’s continuous service as a director with G-III Apparel Group through that date, meaning all 5,046 units vest at once if the service condition is satisfied.

How many GIII shares does Richard White hold after this transaction?

After the RSU grant, Richard White holds 97,798 G-III shares directly. The filing also reports indirect ownership of 1,268 shares in the Elizabeth White Grantor Trust and 1,268 shares in the Alexandra White Grantor Trust, in addition to the unvested RSUs.

Was there any open-market buying or selling of GIII stock in this Form 4?

No open-market purchases or sales are reported. The main reportable event is a grant of 5,046 RSUs at a price of $0.00 per unit. Two additional entries simply show indirect holdings in family grantor trusts, without share amounts being bought or sold.

What are restricted stock units (RSUs) in the context of GIII?

RSUs are promises to deliver shares in the future if conditions are met. In this case, each RSU represents a contingent right to receive one share of G-III common stock, vesting in 2027 if the director remains in continuous service until the vesting date.