Movado Group CEO acquires 471.05 stock-linked pay units
The deferred-compensation units mirror common stock economically and are distributed in equal annual installments over 10 years after termination.
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Rhea-AI Filing Summary
Movado Group Inc. Chairman and CEO Efraim Grinberg acquired 471.05 phantom stock units on September 30, 2026, bringing his reported direct position to 36,335.76 phantom stock units. Each unit is the economic equivalent of one share of Movado common stock. The units were acquired under the Deferred Compensation Plan and are distributable in equal annual installments for 10 years following Grinberg’s termination of employment with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 471.05 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
- 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
Key Terms
Phantom Stock Unit financial
Deferred Compensation Plan financial
equal annual installments financial
FAQ
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How many phantom stock units did MOV CEO Efraim Grinberg acquire?
How are MOV phantom stock units distributed after termination?
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