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Movado Group (NYSE: MOV) holders approve directors, PwC and executive pay

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
8-K

Rhea-AI Filing Summary

Movado Group, Inc. reported the results of its 2026 Annual Meeting of Shareholders held on June 17, 2026. Shareholders elected all eight director nominees, including Peter A. Bridgman and Efraim Grinberg, each to serve until the next annual meeting and until a successor is elected and qualified.

Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2027, with 75,249,766 votes in favor. In addition, on an advisory basis, shareholders approved the compensation of the company’s named executive officers, with 73,196,126 votes cast for the say-on-pay resolution.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Bridgman 70,345,497 votes Election of director Peter A. Bridgman
Votes for E. Grinberg 69,203,632 votes Election of director Efraim Grinberg
Auditor ratification for 75,249,766 votes Ratification of PwC as fiscal 2027 auditor
Auditor ratification against 257,663 votes Votes against PwC ratification
Say-on-pay for 73,196,126 votes Advisory approval of executive compensation
Say-on-pay broker non-votes 1,760,877 votes Broker non-votes on executive compensation resolution
broker non-votes financial
"Number of Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Independent Registered Public Accounting Firm financial
"as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2027"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory basis financial
"Adoption, on an advisory basis, of a resolution approving the compensation"
Executive Compensation financial
"under the heading “Executive Compensation.”"
Payments and benefits given to a company's top leaders — including base salary, cash bonuses, stock awards, options and retirement or perquisites — designed to compensate and motivate them. Investors care because these packages affect a company’s costs, influence executives’ decisions and signal how well management’s interests line up with shareholders’; like a captain’s contract, the structure of pay can encourage safe navigation toward long-term gains or risky short-term moves that hurt returns.
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Understanding 8-K Material Events →
false 0000072573 0000072573 2026-06-17 2026-06-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 17, 2026

 

MOVADO GROUP, INC.
(Exact name of registrant as specified in its charter)

 

New York 1-16497 13-2595932
(State or other jurisdiction
of incorporation)		 (Commission
File Number)		 (I.R.S. Employer
Identification No.)

 

650 FROM ROAD, SUITE 375

PARAMUS, NJ 07652-3556

(Address of principal executive offices) (Zip Code)
 
(201) 267-8000
(Registrant’s Telephone Number, Including Area Code)
 
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)  

Name of each exchange

on which registered

Common stock, par value $0.01 per share   MOV   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

  

 

Item 5.07.Submission of Matters to a Vote of Security Holders.

(a) Annual Meeting. The 2026 Annual Meeting of Shareholders of the Company was held on June 17, 2026.

 

(b) Matters Voted Upon; Voting Results. The following matters were submitted for a vote of the Company’s shareholders.

 

Matter One. Election of Directors. Each of the eight nominees listed below was elected a director of the Company to hold office until the next annual meeting of the shareholders and until his or her successor has been elected and qualified.

 

Nominee  

Number of

Votes For

  

Number of

Votes Withheld

   Number of Broker Non-Votes
Peter A. Bridgman     70,345,497       3,401,724       1,760,877  
Alex Grinberg     73,566,830       180,391       1,760,877  
Efraim Grinberg     69,203,632       4,543,589       1,760,877  
Alan H. Howard     72,365,284       1,381,937       1,760,877  
Richard Isserman     72,601,261       1,145,960       1,760,877  
Ann Kirschner     67,862,733       5,884,488       1,760,877  
Maya Peterson     70,351,432       3,395,789       1,760,877  
Stephen Sadove     70,348,827       3,398,394       1,760,877  

 

Matter Two. Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2027.

 

Number

of

Votes For

  

Number of

Votes

Against

Number of

Votes

Abstaining

  

Number of

Broker

Non-Votes

75,249,766   257,663   669   -

 

Matter Three. Adoption, on an advisory basis, of a resolution approving the compensation of the Company’s named executive officers as described in the Proxy Statement for the Company’s 2026 Annual Meeting of Shareholders under the heading “Executive Compensation.”

 

Number

of

Votes For

  

Number of

Votes

Against

  

Number of

Votes

Abstaining

  

Number of

Broker

Non-Votes

73,196,126   530,635   20,460   1,760,877

 

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: June 18, 2026

 

  MOVADO GROUP, INC.  
       
  By: /s/ Mitchell C. Sussis  
  Name: Mitchell C. Sussis  
  Title: Senior Vice President and General Counsel  

 

 

 

   

Source: View Original Filing on SEC EDGAR

FAQ

What did Movado Group (MOV) shareholders decide about the 2026 director elections?

Shareholders elected all eight director nominees to serve until the next annual meeting. Each nominee, including Peter A. Bridgman and Efraim Grinberg, received more votes for than withheld, confirming the existing board slate for another term.

Did Movado Group (MOV) shareholders ratify the external auditor for fiscal 2027?

Yes, shareholders ratified PricewaterhouseCoopers LLP as Movado’s independent registered public accounting firm for fiscal year 2027. The proposal received 75,249,766 votes for, 257,663 against and 669 abstentions, with no broker non-votes recorded on this item.

How did Movado Group (MOV) shareholders vote on executive compensation in 2026?

On an advisory basis, shareholders approved the compensation of Movado’s named executive officers. The say-on-pay resolution received 73,196,126 votes for, 530,635 votes against and 20,460 abstentions, with 1,760,877 broker non-votes reported on this compensation-related proposal.

When was Movado Group’s 2026 Annual Meeting of Shareholders held?

Movado Group held its 2026 Annual Meeting of Shareholders on June 17, 2026. At this meeting, investors voted on director elections, ratification of PricewaterhouseCoopers LLP as auditor for fiscal 2027, and an advisory resolution on executive compensation as described in the proxy statement.

Which auditor will review Movado Group’s (MOV) fiscal 2027 financial statements?

PricewaterhouseCoopers LLP will serve as Movado Group’s independent registered public accounting firm for fiscal year 2027. Shareholders ratified this appointment at the 2026 Annual Meeting, with a large majority of votes cast in favor of confirming PwC in this oversight role.

Filing Exhibits & Attachments

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