NASDAQ: GIII G III APPAREL GROUP LTD /DE/ 8-K

G-III awards performance equity to executives tied to 3-year profit and return targets

Filed May 4, 2026 · Period ending April 30, 2026 · ~1 min read

Key Changes

  • medium

    CEO Morris Goldfarb received 115,163 performance share units, Vice Chairman Sammy Aaron received 86,372 units, with three other executives receiving smaller awards. Actual shares earned range from 0% to 150% based on performance.

  • medium

    Vesting depends on cumulative Adjusted EBIT (75% weight) and average return on invested capital (25% weight) over fiscal 2027-2029. Executives must remain employed through April 15, 2029 to receive any shares.

  • low

    Awards granted under the company's 2023 Long-Term Incentive Plan with settlement occurring within 90 days after the April 2029 vesting date.

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Generated by AI · Jun 10, 2026 11:36 PM