Form 4: G-III Apparel Director Robert L. Johnson Receives Equity Grant

G-III Apparel Group, Ltd. Director Robert L. Johnson was granted 6,117 restricted stock units (RSUs) on June 12, 2025, as part of his compensation.

Summary

• Robert L. Johnson, a Director of G-III Apparel Group, Ltd. (GIII), acquired 6,117 shares of Common Stock, Par Value $.01 Per Share, on June 12, 2025.
• The acquisition was in the form of Restricted Stock Units (RSUs), with an acquisition price of $0 per unit.
• Each RSU represents a contingent right to receive one share of G-III common stock.
• The RSUs are subject to a cliff vesting schedule, meaning they will fully vest on June 12, 2026.
• Vesting is contingent upon Mr. Johnson's continuous service as a Director with G-III through the vesting date.
• Following this transaction, Robert L. Johnson beneficially owns a total of 32,452 shares of G-III common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the RSU grant aligns director interests with shareholders, a standard and generally well-regarded practice in corporate governance.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Robert L. Johnson aligns his interests with those of shareholders, as the value of his compensation is tied to the company's stock performance.
• The transaction was made under a Rule 10b5-1 plan, indicating a pre-arranged and transparent equity compensation strategy.

Risks

• The RSUs are subject to forfeiture if the Director's continuous service with G-III Apparel Group, Ltd. is not maintained through the vesting date of June 12, 2026.

Future Outlook

The future outlook includes the vesting of the granted Restricted Stock Units on June 12, 2026, contingent upon the director's continued service.

Industry Context

This Form 4 filing reflects a routine equity compensation event for a director, a common practice across publicly traded companies to align management and board interests with shareholder value. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• The grant of Restricted Stock Units to Director Robert L. Johnson constitutes a related party transaction, which is a standard form of non-cash compensation for board members.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with the company's stock performance, potentially encouraging decisions that enhance shareholder value.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The 6,117 Restricted Stock Units are scheduled to cliff vest on June 12, 2026, subject to the Director's continuous service.

Key Dates

Keywords

G-III Apparel Group, GIII, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Corporate Governance, Rule 10b5-1