J
$ Value
$15.6M
Shares
500,000
Price
$31
Filed
Dec 12
Insider
Name
GOLDFARB MORRIS
Title
CEO
CIK
0001007772
Roles
Director
Officer
Transaction Details
Transaction Date
2025-12-10
Code
J
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
—
Footnotes
1. Effective December 10, 2025, Mr. Goldfarb withdrew 500,000 shares of common stock from each of the Morris Goldfarb 2024 GRAT JG and the Morris Goldfarb 2024 GRAT LF, each of which is a grantor retained annuity trust for the benefit of himself and his children, in exchange for promissory notes. The principal amount of each promissory note is equal to the average of the high and low sales prices of G-III Apparel Group Ltd.'s common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.