secwatch.observer — SEC 8-K summary
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Issuer:     G III APPAREL GROUP LTD /DE/ (GIII)
CIK:        0000821002
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001104659-26-054873
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

G-III grants PSUs to NEOs tied to 3-year EBIT and ROIC targets
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- PSU awards to five NEOs: Goldfarb 115,163, Aaron 86,372, J. Goldfarb 33,589, Perlman 15,994, Nackman 7,997.
- Vesting based on three-year cumulative Adjusted EBIT (75% weighting) and three-year average ROIC (25% weighting).
- PSU payout can range from 50% to 150% of target depending on performance relative to thresholds.
- Vesting date set for April 15, 2029, subject to continuous employment and committee certification.
- Awards granted under the 2023 Long-Term Incentive Plan; settlement in shares or cash at committee's discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000110465926054873/0001104659-26-054873-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000110465926054873/giii-20260430x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-054873

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer