Movado Group (NYSE: MOV) director receives 37.49 phantom stock units as deferred pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Movado Group Inc. director Alexander Grinberg received a grant of 37.4900 phantom stock units, each economically equivalent to one share of Movado common stock. The award increases his holdings of phantom stock units to 2,861.4700 units, reflecting deferred, stock-linked compensation rather than an open-market transaction.

The phantom stock units were acquired under Movado’s Deferred Compensation Plan and are scheduled to be distributed in equal annual installments over 10 years after Grinberg’s employment with the company ends. This grant represents routine, compensation-related alignment with shareholder value, not a market purchase or sale of shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRINBERG ALEXANDER

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	37.49	$0.00	--

Holdings After Transaction: Phantom Stock Unit — 2,861.47 shares (Direct)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock. 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 stock units granted: 37.4900 units Total phantom units after grant: 2,861.4700 units Underlying common stock equivalent: 37.4900 shares +2 more

5 metrics

Phantom stock units granted 37.4900 units Grant under Deferred Compensation Plan on 2026-03-31

Total phantom units after grant 2,861.4700 units Holdings following reported transaction

Underlying common stock equivalent 37.4900 shares Each phantom unit equals one common share economically

Exercise price $0.0000 per unit Grant/award acquisition, no purchase price

Distribution period 10 years Equal annual installments after termination of employment

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, Grant, award, or other acquisition, underlying security

4 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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

underlying security financial

"underlying_security_title": "Common Stock""

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 05:08 PM

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^*

GRINBERG ALEXANDER

(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)

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Unit	⁽¹⁾	03/31/2026		A		37.49		⁽²⁾	⁽²⁾	Common Stock	37.49	$0	2,861.47	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Alexander Grinberg report in this MOV Form 4 filing?

Alexander Grinberg reported receiving 37.4900 phantom stock units as compensation. These units are tied to Movado Group’s common stock value and increase his total phantom holdings to 2,861.4700 units, without involving any open-market share purchase or sale.

What is a phantom stock unit in the MOV Form 4 disclosure?

A phantom stock unit is an award whose value mirrors one share of Movado Group common stock. Grinberg’s 37.4900-unit grant tracks the stock price economically but does not represent actual shares until paid out under the company’s Deferred Compensation Plan.

How many phantom stock units does Alexander Grinberg hold after this MOV grant?

After the grant, Alexander Grinberg holds a total of 2,861.4700 phantom stock units. This total reflects stock-based deferred compensation linked to Movado Group’s share value, rather than direct ownership changes from buying or selling common stock in the market.

When will Grinberg’s MOV phantom stock units be distributed?

The phantom stock units are distributable in equal annual installments over 10 years after Grinberg’s termination of employment. This long-term schedule under Movado’s Deferred Compensation Plan is designed to defer compensation and align incentives over an extended period.

Does this MOV Form 4 show Grinberg buying or selling common stock?

No, the Form 4 shows a grant of phantom stock units, not a market trade in common stock. The transaction code is a grant or award acquisition, meaning it is compensation-based and separate from open-market buying or selling of Movado shares.