G-III Director Victor Herrero Increases Stake with Major Stock Purchase

Rhea-AI Filing Summary

Director Victor Herrero Amigo of G-III Apparel Group has reported a significant insider purchase of company shares. On June 24, 2025, Herrero Amigo acquired 5,000 shares at a weighted average price of $21.95 per share, with individual transaction prices ranging from $21.58 to $21.95.

Following this purchase, Herrero Amigo's direct ownership position increased to 54,746 shares. The transaction was executed as a standard purchase (Transaction Code: P) and was reported within the required filing deadline.

This insider buying activity by a board member could signal confidence in the company's future prospects. The Form 4 filing indicates no derivative securities transactions were involved in this reporting period.

Positive

• Director Victor Herrero purchased 5,000 shares at $21.95 per share ($109,750 total) in an open market transaction, demonstrating insider confidence in the company

Negative

• None.

SEC Form 4

FORM 4

UNITED 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
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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 NY 10018

(City) (State) (Zip)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $.01 Per Share	06/24/2025		P		5,000	A	$21.95(1)	54,746	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported price represents the weighted average price for shares purchased in multiple transactions ranging from $21.58 to $21.95. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

	/s/ Victor Herrero	06/25/2025
	** Signature of Reporting Person	Date
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.
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FAQ

How many GIII shares did Victor Herrero purchase on June 24, 2025?

Victor Herrero purchased 5,000 shares of GIII common stock on June 24, 2025 at a weighted average price of $21.95 per share.

What is Victor Herrero's total GIII stock ownership after the June 2025 purchase?

Following the reported transaction, Victor Herrero beneficially owned 54,746 shares of GIII common stock directly.

What position does Victor Herrero hold at GIII Apparel Group?

According to the Form 4 filing, Victor Herrero serves as a Director of G-III Apparel Group Ltd.

What was the price range of GIII shares purchased by Herrero in the June 2025 transaction?

The shares were purchased in multiple transactions with prices ranging from $21.58 to $21.95 per share, with a weighted average price of $21.95.

Is Victor Herrero considered a 10% owner of GIII stock?

No, the Form 4 filing indicates that Herrero is only a Director and not a 10% owner of GIII stock.