Form 4: G-III Apparel Group Director Laura Pomerantz Reports Changes in Beneficial Ownership
SEC Form 4
Director Laura Pomerantz reports acquisition and disposal of G-III Apparel Group stock and restricted stock units.
Summary
- On June 18, 2024, Laura Pomerantz, a director of G-III Apparel Group, reported changes in her beneficial ownership of the company's stock.
- She acquired 4,737 shares of common stock at $0.
- She also disposed of 24,903 shares.
- The report also details the acquisition of restricted stock units (RSUs) which will cliff vest on June 18, 2025, contingent upon her continued service as a director.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The RSUs will cliff vest on June 18, 2025, subject to the Participant's continuous service as a Director with G-III through the vesting date.
Industry Context
This filing is a routine disclosure related to insider trading and is a normal part of corporate governance.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction involving common stock and RSUs. |
| 06/18/2025 | Vesting date for the restricted stock units (RSUs), contingent on continued service as a director. |
| 06/25/2024 | Date of signature on the Form 4 filing. |
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