G-III Apparel Director Buys $110,000 in Stock, Shows Confidence in Company
Director Victor Herrero Amigo of G-III Apparel Group has reported a significant insider purchase of company shares.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, Par Value $.01 Per Share | 5,000 | $21.95 | $110K |
Footnotes (1)
- F1. 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.
FAQ
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What is Victor Herrero's total GIII stock ownership after the June 2025 purchase?
What position does Victor Herrero hold at GIII Apparel Group?
Is Victor Herrero considered a 10% owner of GIII stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.