Form 4: G-III Apparel Group Director Cheryl L. Vitali Reports Stock Transactions
SEC Form 4 Filing
Director Cheryl L. Vitali reports acquisition and disposal of G-III Apparel Group stock and restricted stock units.
Summary
- Cheryl L. Vitali, a director of G-III Apparel Group, Ltd., filed a Form 4 on June 25, 2024, reporting changes in beneficial ownership.
- On June 18, 2024, Vitali acquired 4,737 shares of common stock at $0 and disposed of an unspecified amount of shares.
- Following these transactions, Vitali beneficially owns 60,831 shares of G-III Apparel Group common stock.
- Vitali also holds restricted stock units (RSUs) that will cliff vest on June 18, 2025, contingent upon continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Future Outlook
The restricted stock units will vest on June 18, 2025, contingent upon the director's continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the apparel industry and other publicly traded sectors.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of stock acquisition and disposal. |
| 06/18/2025 | Vesting date for restricted stock units. |
| 06/25/2024 | Date of Form 4 filing. |
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