G-III EVP granted 22,392 RSUs, updates holdings
Goldfarb Jeffrey David reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Goldfarb Jeffrey David reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group executive Jeffrey David Goldfarb reported an equity compensation grant and updated his holdings. He received 22,392 restricted stock units (RSUs), each representing one share of common stock at no cash cost. These RSUs cliff vest on April 15, 2029, only if he continues to work for or provide services to the company.
After this grant, Goldfarb directly holds 768,708 shares of G-III common stock. He also has indirect holdings reported through the Ryan Gabriel Goldfarb 2009 Trust, the JARS Portfolio LLC, and the Amanda Julie Goldfarb 2007 Trust. The filing does not show any open-market purchases or sales, only this compensation-related award and updated ownership totals.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 22,392 shares
Grant/Award
4 txns
Insider
Goldfarb Jeffrey David
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 22,392 | $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 | -- | -- | -- |
Holdings After Transaction:
Common Stock, Par Value $.01 Per Share — 768,708 shares (Direct);
Common Stock, Par Value $.01 Per Share — 24,896 shares (Indirect, Amanda Julie Goldfarb 2007 Trust);
Common Stock, Par Value $.01 Per Share — 47,170 shares (Indirect, JARS Portfolio LLC);
Common Stock, Par Value $.01 Per Share — 2,200 shares (Indirect, Ryan Gabriel Goldfarb 2009 Trust)
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
RSUs granted: 22,392 units
RSU grant price: $0.00 per share
RSU vesting date: April 15, 2029
+4 more
7 metrics
RSUs granted
22,392 units
Restricted stock units awarded to Jeffrey Goldfarb
RSU grant price
$0.00 per share
Compensation-related RSU award, non-cash
RSU vesting date
April 15, 2029
Cliff vesting if service with G-III continues
Direct shares after grant
768,708 shares
Goldfarb’s direct G-III common stock holdings
Indirect trust holding 1
2,200 shares
Ryan Gabriel Goldfarb 2009 Trust
Indirect LLC holding
47,170 shares
JARS Portfolio LLC
Indirect trust holding 2
24,896 shares
Amanda Julie Goldfarb 2007 Trust
Key Terms
restricted stock units, RSUs, cliff vest
3 terms
restricted stock units financial
"Consists of restricted stock units ("RSUs") each representing a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Consists of restricted stock units ("RSUs") each representing a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GIII executive Jeffrey Goldfarb report in this Form 4 filing?
Jeffrey Goldfarb reported an equity compensation grant of restricted stock units and updated his ownership totals. The filing shows a new award of 22,392 RSUs plus his direct and indirect common stock holdings in G-III Apparel Group common shares.
How many restricted stock units did Jeffrey Goldfarb receive from GIII?
He received 22,392 restricted stock units, each representing one share of G-III common stock. The RSUs were granted at an effective price of $0.00 per share as part of compensation, rather than through an open-market purchase transaction.
When do Jeffrey Goldfarb’s GIII RSUs vest and what is the condition?
The RSUs will cliff vest on April 15, 2029, meaning all units vest at once on that date. Vesting occurs only if Goldfarb remains employed by or continues providing services to G-III Apparel Group through that vesting date.
What indirect GIII holdings are reported for Jeffrey Goldfarb in this Form 4?
The filing lists indirect holdings through three entities: 2,200 shares via the Ryan Gabriel Goldfarb 2009 Trust, 47,170 shares via JARS Portfolio LLC, and 24,896 shares via the Amanda Julie Goldfarb 2007 Trust, all reported as indirect ownership positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
