Form 4: G-III Apparel Executive Vice President Jeffrey Goldfarb Boosts Stake with Significant Stock Purchase

Jeffrey Goldfarb, Executive Vice President and Director of G-III Apparel Group, Ltd., has acquired 23,076 shares of common stock, signaling strong insider confidence.

Summary

• Jeffrey David Goldfarb, Executive Vice President and Director of G-III Apparel Group, Ltd. (GIII), purchased 23,076 shares of the company's common stock.
• The transaction occurred on June 17, 2025, at a weighted average price of $21.33 per share, with individual transaction prices ranging from $21.17 to $21.65.
• This acquisition was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase of equity securities.
• Following this transaction, Mr. Goldfarb directly beneficially owns 587,132 shares of G-III common stock.
• Additionally, Mr. Goldfarb indirectly beneficially owns 24,896 shares through the Amanda Julie Goldfarb 2007 Trust, 47,170 shares through JARS Portfolio LLC, and 2,200 shares through the Ryan Gabriel Goldfarb 2009 Trust.

Sentiment

Score: 8

Explanation: The sentiment is highly positive due to a significant insider purchase by a key executive and director, indicating strong confidence in the company's prospects.

Positives

• A significant insider purchase by a key executive and director, Jeffrey Goldfarb, indicates strong confidence in the company's future prospects.
• The transaction was pre-planned under Rule 10b5-1(c), suggesting a deliberate investment strategy.
• The acquisition increases Mr. Goldfarb's direct beneficial ownership to 587,132 shares, further aligning his interests with shareholders.

Future Outlook

N/A This Form 4 filing reports an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

N/A This Form 4 filing details an individual insider stock transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value, potentially increasing investor confidence.

Key Dates

Recommendation

Keywords

G-III Apparel Group, GIII, Jeffrey Goldfarb, Insider Purchase, SEC Form 4, Stock Acquisition, Executive Vice President, Director, Rule 10b5-1, Apparel Industry