Form 4: G-III Apparel Group Executive Acquires and Disposes of Shares
SEC Form 4 Filing
Dana Perlman, Chief Growth Operations Officer of G-III Apparel Group, reports changes in beneficial ownership of company stock, including the acquisition of restricted stock units and disposal of common stock.
Summary
- Dana Perlman, Chief Growth Operations Officer of G-III Apparel Group Ltd, filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of G-III Apparel Group's common stock.
- On March 19, 2025, Perlman acquired 11,223 restricted stock units (RSUs) and disposed of 20,713 shares of common stock.
- Following these transactions, Perlman beneficially owns 20,713 shares of common stock.
- The RSUs will vest on April 1, 2028, contingent upon continued employment or service to G-III.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The vesting of the RSUs on April 1, 2028, is contingent upon the Reporting Person's continued employment or service to G-III.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The vesting of RSUs incentivizes the executive to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of stock acquisition and disposal. |
| 03/21/2025 | Date of signature on the Form 4. |
| 04/01/2028 | Vesting date for the restricted stock units. |
Keywords
G-III Apparel Group, Dana Perlman, Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, SEC Filing, GIII
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