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AI brief of an SEC Form 8-K · G-III Apparel Group (GIII)

G-III Apparel grants performance share units to five executives, vesting after fiscal 2028

Neutral Impact 2 of 5 leadership Written later

G-III Apparel's Compensation Committee awarded performance share units to five named executive officers, including Chairman and CEO Morris Goldfarb (134,680 PSUs). The units vest based on three-year cumulative Adjusted EBIT (75% weighting) and three-year average ROIC (25% weighting) for fiscal 2026 through fiscal 2028, with vesting capped at 150% and a floor of 50% of target if results fall short.

Key points

  • Morris Goldfarb was awarded 134,680 PSUs; Sammy Aaron 101,010; Jeffrey Goldfarb 39,281; Dana Perlman 11,223; Neal S. Nackman 9,352
  • Adjusted EBIT metric carries 75% weighting; ROIC metric carries 25%, with ROIC reduced by a hypothetical 28.5% tax rate
  • Performance period covers fiscal 2026 through fiscal 2028; settlement expected on or within 90 days after April 1, 2028, subject to continued service

The filing

CompanyG-III Apparel Group (GIII)
Form8-K, current report
Filed with the SECMar 21, 2025, 4:45 PM ET
Accession number0001558370-25-003478

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 March 21, 2025.

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.