other material
confidence high
sentiment neutral
materiality 0.50
G-III Apparel awards ~295k PSUs to execs; vesting tied to FY2026-2028 EBIT and ROIC
G III APPAREL GROUP LTD /DE/
- CEO Morris Goldfarb receives 134,680 PSUs; 75% tied to 3-year cumulative Adjusted EBIT, 25% to average ROIC.
- Other executives: Sammy Aaron 101,010; Jeffrey Goldfarb 39,281; Dana Perlman 11,223; Neal Nackman 9,352.
- Payout ranges from 50% to 150% of target based on performance; vesting date April 1, 2028.
- Awards granted under 2023 Long-Term Incentive Plan; continuous employment required for vesting.