G-III Apparel (GIII) reports 63,673 RSU grant to Chief Growth Operations Officer
Rhea-AI Filing Summary
G-III Apparel Group, Ltd. reported that its Chief Growth Operations Officer received an equity award tied to the company’s common stock. On December 12, 2025, the officer was granted 63,673 restricted stock units (RSUs), each representing a contingent right to receive one share of G-III common stock at a price of $0.
After this grant, the officer beneficially owns 84,386 shares of common stock. The RSUs will cliff vest on December 12, 2030 only if the officer remains employed by, or continues to provide services to, G-III through that date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did G-III Apparel Group (GIII) report?
G-III Apparel Group reported that its Chief Growth Operations Officer was granted 63,673 restricted stock units (RSUs) tied to the company’s common stock on December 12, 2025.
How many G-III (GIII) shares does the officer beneficially own after the RSU grant?
Following the reported transaction, the officer beneficially owns 84,386 shares of G-III Apparel Group common stock.
When do the new G-III (GIII) RSUs vest?
The 63,673 RSUs will cliff vest on December 12, 2030, meaning they vest all at once on that date rather than in installments.
What conditions apply to the vesting of the G-III (GIII) RSUs?
The RSUs will vest on December 12, 2030 only if the reporting person remains employed by or continues to provide services to G-III Apparel Group through that date.
Was there a purchase price for the G-III (GIII) RSU grant?
No cash was paid for the award. The 63,673 RSUs were granted at a stated price of $0 as an equity-based compensation grant.
What type of security underlies the G-III (GIII) RSUs?
Each RSU represents a contingent right to receive one share of G-III Apparel Group common stock, par value $0.01 per share, upon vesting.