STOCK TITAN

G-III Apparel (NASDAQ: GIII) director receives 3,644 RSUs in equity grant

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

Rhea-AI Filing Summary

Herrero Amigo Victor reported acquisition or exercise transactions in this Form 4 filing.

G-III Apparel Group director Victor Herrero Amigo received a grant of 3,644 restricted stock units (RSUs) of common stock as compensation. The RSUs carry no purchase price and will cliff vest on June 11, 2027, if he continues serving as a director through that date. Following this grant, he directly holds 58,390 shares of G-III common stock, including these unvested RSUs.

Positive

  • None.

Negative

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Insights

Routine director RSU grant with three-year cliff vesting.

Director Victor Herrero Amigo received 3,644 RSUs of G-III Apparel Group common stock at no cost. RSUs are equity awards that convert into shares if service or performance conditions are met, aligning director incentives with shareholders.

The footnote explains these RSUs will cliff vest on June 11, 2027, contingent on continuous board service. This is a standard governance practice and does not involve open-market buying or selling, so it is best viewed as routine compensation rather than a directional trading signal.

Insider Herrero Amigo Victor
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 — 58,390 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 3,644 shares Restricted stock units granted on June 11, 2026
Price per share $0.00 per share Grant price for RSUs
Holdings after grant 58,390 shares Total direct holdings following transaction
Vesting date June 11, 2027 Cliff vesting date for RSUs
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"
beneficial ownership financial
"each representing a contingent right to receive one share of common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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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*
Herrero Amigo Victor

(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 Share06/11/2026A3,644(1)A$058,390D
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/ Victor Herrero06/15/2026
** 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 Victor Herrero Amigo report on this Form 4?

He reported receiving 3,644 restricted stock units (RSUs) of G-III common stock. These equity awards were granted at no cost and increase his direct holdings to 58,390 shares including the unvested RSUs, reflecting routine director compensation.

Are the GIII shares in this Form 4 a market purchase or sale?

The shares are not from a market purchase or sale. They are 3,644 restricted stock units (RSUs) granted as compensation, with no cash price paid per share and no open-market transaction involved in this filing.

When do Victor Herrero Amigo’s new GIII RSUs vest?

The 3,644 restricted stock units granted to Victor Herrero Amigo cliff vest on June 11, 2027. Vesting is conditioned on his continuous service as a director with G-III Apparel Group through that vesting date, as described in the footnote.

How many GIII shares does Victor Herrero Amigo hold after this RSU grant?

After the RSU grant, he holds 58,390 shares of G-III common stock directly. This figure includes the 3,644 newly granted restricted stock units, which are unvested but reported as part of his beneficial ownership position.

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

RSUs are promises to deliver shares in the future if conditions are met. Each RSU granted to Victor Herrero Amigo represents one G-III common share, which he will receive when the award vests on June 11, 2027, assuming continued board service.