SCHEDULE: Glazer Capital Reduces Guess? Stake Below 5%

Glazer Capital, LLC and Paul J. Glazer have ceased to be beneficial owners of more than five percent of Guess?, Inc. common stock.

Summary

• Glazer Capital, LLC and Paul J. Glazer, collectively referred to as the Reporting Persons, have filed a Schedule 13G for Guess?, Inc.
• The filing indicates that as of January 22, 2026, the Reporting Persons no longer beneficially own more than five percent of Guess?, Inc.'s Common Stock.
• Glazer Capital, LLC serves as investment manager for certain funds and managed accounts (Glazer Funds), and Mr. Paul J. Glazer is the Managing Member of Glazer Capital.
• The Reporting Persons previously may have held more than 5% of the outstanding shares, but their current beneficial ownership is 0.00% of the class, with 0 shares having sole or shared voting and dispositive power.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Guess?, Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine disclosure of a change in passive beneficial ownership and does not provide new information regarding the issuer's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Guess?, Inc. or the Reporting Persons regarding the issuer's future performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive institutional investors. The reduction of a stake below the 5% threshold by an investment firm like Glazer Capital typically reflects a portfolio rebalancing decision rather than a specific commentary on Guess?, Inc.'s industry position or competitive landscape.

Stakeholder Impact

• Shareholders: The reduction of a significant institutional stake might lead to minor shifts in trading volume or perception, but the impact is generally limited as the market would have already reacted to the underlying selling activity.

Key Dates

Recommendation

This Schedule 13G filing merely reports a change in beneficial ownership by an institutional investor below the 5% threshold. It does not provide new fundamental information about Guess?, Inc.'s business, financial health, or future prospects that would warrant a change in investment recommendation. Investors should continue to evaluate the company based on its core financial performance and strategic initiatives.

Keywords

Guess? Inc., Glazer Capital, Paul J. Glazer, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor