Movado EVP granted phantom stock unit award

Soltani Behzad reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Soltani Behzad reported acquisition or exercise transactions in this Form 4 filing.

Movado Group EVP & COO Behzad Soltani reported a compensation-related grant of 136.93 phantom stock units on common stock. Each phantom stock unit is the economic equivalent of one Movado Group common share and was awarded at a stated price of $0.00 per unit.

The units were granted under the company’s Deferred Compensation Plan and will be distributed in equal annual installments for 10 years after Soltani’s termination of employment with Movado Group. Following this award, Soltani directly holds 2,207.46 phantom stock units.

Insider Trade Summary

Grant/Award: 136.93 shares

Grant/Award 1 txn

Insider Soltani Behzad

Role EVP & COO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	136.93	$0.00	$0.00

Holdings After Transaction: Phantom Stock Unit — 2,207.46 contracts (Direct)

Footnotes (2)

1. F1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
2. F2. Phantom stock units acquired under issuer's Deferred Compensation Plan distributable in equal annual installments for 10 years following date of reporting person's termination of employment with issuer.

Key Figures

Phantom units granted: 136.93 units Total phantom units after grant: 2,207.46 units Grant price per unit: $0.00 per unit +2 more

5 metrics

Phantom units granted 136.93 units Grant of phantom stock units on 2026-03-31

Total phantom units after grant 2,207.46 units Direct holdings following transaction

Grant price per unit $0.00 per unit Reported transaction price for phantom stock unit award

Underlying common stock equivalence 1 unit = 1 share Each phantom stock unit is economic equivalent of one common share

Distribution period 10 years Equal annual installments after termination of employment

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, economic equivalent

3 terms

Phantom Stock Unit financial

"Each share of phantom stock is the economic equivalent of one share"

Deferred Compensation Plan financial

"Phantom stock units acquired under issuer's Deferred Compensation Plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Movado Group (MOV) executive Behzad Soltani report in this Form 4?

Behzad Soltani, EVP & COO of Movado Group, reported receiving 136.93 phantom stock units as a compensation award. These units track the value of common stock and increase his total phantom stock holdings to 2,207.46 units, all held directly.

What are phantom stock units in the Movado Group (MOV) Form 4 filing?

Phantom stock units are compensation instruments whose value mirrors one share of Movado Group common stock each. They do not involve an upfront cash payment but provide economic equivalence to stock value, typically paid in cash or stock according to plan terms.

How many Movado Group (MOV) phantom stock units were granted to Soltani?

Soltani was granted 136.93 phantom stock units linked to Movado Group common stock. The grant price is reported as $0.00 per unit, reflecting a compensation award rather than a market purchase, and increases his total phantom stock position to 2,207.46 units.

When will Behzad Soltani’s Movado Group (MOV) phantom stock units be distributed?

The phantom stock units were acquired under Movado Group’s Deferred Compensation Plan and are distributable in equal annual installments for 10 years. Payments begin after Soltani’s termination of employment with Movado Group, spreading the economic benefit over a decade.

Does this Movado Group (MOV) Form 4 show a stock market buy or sell?

The Form 4 reflects a grant of 136.93 phantom stock units to Soltani, not an open-market stock purchase or sale. It is classified as a compensation-related acquisition, with no reported cash price per unit and no shares sold in the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/01/2026 - 05:09 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Soltani Behzad

(Last) (First) (Middle)

C/O MOVADO GROUP, INC.

650 FROM ROAD, SUITE 375

(Street)

PARAMUS NEW JERSEY 07652

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOVADO GROUP INC [ MOV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit	(1)	03/31/2026		A		136.93		(2)	(2)	Common Stock	136.93	$0	2,207.46	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.

2. Phantom stock units acquired under issuer's Deferred Compensation Plan distributable in equal annual installments for 10 years following date of reporting person's termination of employment with issuer.

	/s/ Mitchell C. Sussis attorney-in-fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)