G-III Director Victor Herrero Increases Stake with Major Stock Purchase
Filing Impact
Filing Sentiment
Form Type
4
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.
Insider Trade Summary
Net Buyer: 5,000 shares ($109,750)
Net Buy
1 txn
Insider
Herrero Amigo Victor
Role
Director
Bought
5,000 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, Par Value $.01 Per Share | 5,000 | $21.95 | $110K |
Holdings After Transaction:
Common Stock, Par Value $.01 Per Share — 54,746 shares (Direct)
Footnotes (1)
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FAQ
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.
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.