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:   2025-03-21T23:59:59+00:00
Accession:  0001558370-25-003478
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

G-III Apparel awards ~295k PSUs to execs; vesting tied to FY2026-2028 EBIT and ROIC
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000155837025003478/0001558370-25-003478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000155837025003478/giii-20250319x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-003478

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