Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · G-III Apparel Group (GIII)

G-III Apparel grants PSU awards to five executives tied to fiscal 2027-2029 results

Neutral Impact 2 of 5 leadership Written later

G-III Apparel's Compensation Committee awarded performance share units to five named executive officers, led by Chairman and CEO Morris Goldfarb with 115,163 PSUs. The awards vest based on three-year cumulative Adjusted EBIT and average ROIC for fiscal 2027 through fiscal 2029, so the final share count could be higher or lower than the number awarded.

Key points

  • Morris Goldfarb 115,163 PSUs; Sammy Aaron 86,372; Jeffrey Goldfarb 33,589; Dana Perlman 15,994; Neal S. Nackman 7,997
  • Adjusted EBIT metric covers 75% of each award; ROIC metric, reduced by a hypothetical 28.5% tax rate, covers 25%
  • Vesting for each metric can range from 50% to 150% of awarded PSUs, with no vesting below the minimum threshold
  • Performance period is fiscal 2027 through fiscal 2029; settlement on or within 90 days after April 15, 2029, subject to continued service

The filing

CompanyG-III Apparel Group (GIII)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:05 PM ET
Accession number0001104659-26-054873

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.