GOLDFARB MORRIS sold GIII
December 10, 2025 · Form 4 insider transaction
GOLDFARB MORRIS sold 500,000 shares of G-III Apparel Group, Ltd. at $31.21 per share, a transaction worth $15.61M. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
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prices of G-III Apparel Group Ltd.'s common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.