G-III (GIII) director awarded 3,644 RSUs vesting in June 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yaeger Andrew reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director Andrew Yaeger received an equity award of 3,644 restricted stock units (RSUs) of common stock. The RSUs were granted at no cash cost and increase his direct holdings to 20,905 shares of G-III common stock.
The RSUs will cliff vest on June 11, 2027, meaning all units vest at once on that date if he continues to serve as a director through the vesting date. Until vesting, the RSUs represent a contingent right to receive G-III common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yaeger Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 3,644 | $0.00 | -- |
Holdings After Transaction:
Common Stock, Par Value $.01 Per Share — 20,905 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,644 units
Total holdings after grant: 20,905 shares
Grant price: $0.0000 per unit
+2 more
5 metrics
RSUs granted
3,644 units
Restricted stock units granted on June 11, 2026
Total holdings after grant
20,905 shares
Common stock directly owned after RSU award
Grant price
$0.0000 per unit
Reported transaction price for RSU award
Vesting date
June 11, 2027
Cliff vesting date for 3,644 RSUs
Ownership type
Direct
Director holds the position directly, not through an entity
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"
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"
continuous service financial
"subject to the Participant's continuous service as a Director with G-III"
FAQ
What insider transaction did GIII director Andrew Yaeger report?
Andrew Yaeger reported an award of 3,644 restricted stock units (RSUs) of G-III common stock. These units were granted as equity compensation at no cash cost and increase his direct holdings in the company.
When do Andrew Yaeger’s GIII RSUs vest and under what conditions?
The 3,644 GIII RSUs will cliff vest on June 11, 2027. Vesting is contingent on Yaeger’s continuous service as a director with G-III through that date, meaning all units vest at once if he remains on the board.
What does the RSU grant price of $0.0000 mean for GIII’s director award?
The reported transaction price of $0.0000 per RSU indicates this is a compensatory equity award, not a market purchase. Yaeger receives the units without paying cash, subject to the specified vesting and service conditions.
What type of security was granted to GIII director Andrew Yaeger?
Yaeger received restricted stock units (RSUs), each representing a contingent right to one share of G-III common stock. These RSUs do not become actual shares until they cliff vest on June 11, 2027, if service conditions are met.