Movado (MOV) CFO receives 148 phantom stock units under deferred compensation plan

Rhea-AI Filing Summary

DEMARSILIS SALLIE A reported acquisition or exercise transactions in this Form 4 filing.

MOVADO GROUP INC Chief Financial Officer Sallie A. DeMarsilis received a grant of 148.34 phantom stock units, each economically equivalent to one share of Movado common stock. These units were awarded under the company’s Deferred Compensation Plan and will be distributed in equal annual installments over 10 years after her employment terminates. Following this grant, she holds a total of 5,112.75 phantom stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DEMARSILIS SALLIE A

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	148.34	$0.00	--

Holdings After Transaction: Phantom Stock Unit — 5,112.75 shares (Direct)

Footnotes (1)

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: 148.34 units Total phantom units after grant: 5,112.75 units Grant transaction price: $0.00 per unit +2 more

5 metrics

Phantom stock units granted 148.34 units Grant on March 31, 2026

Total phantom units after grant 5,112.75 units Holdings following transaction

Grant transaction price $0.00 per unit Compensation award, no purchase cost

Economic equivalence 1 unit = 1 share Each phantom unit equals one MOV common share economically

Distribution period 10 years Annual installments after termination of employment

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, economic equivalent

3 terms

Phantom Stock Unit financial

"security_title: "Phantom Stock Unit""

Deferred Compensation Plan financial

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

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"

Form 4 Insider Transactions: What Each Field Means →

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^*

DEMARSILIS SALLIE A

(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)
	Chief Financial Officer

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		148.34		(2)	(2)	Common Stock	148.34	$0	5,112.75	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)

FAQ

What insider transaction did MOVADO GROUP INC (MOV) report for Sallie DeMarsilis?

MOVADO GROUP INC reported that Chief Financial Officer Sallie A. DeMarsilis received 148.34 phantom stock units as a grant. These units are a form of deferred compensation, not an open-market stock purchase or sale, and mirror the value of Movado common shares.

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

A phantom stock unit in this filing is an award whose value equals one Movado Group common share. It tracks the stock’s economic performance but does not provide actual shares immediately, functioning as a cash-settled or share-equivalent deferred compensation promise.

How many phantom stock units does the MOV CFO hold after this grant?

After receiving 148.34 additional phantom stock units, the MOV Chief Financial Officer holds 5,112.75 phantom stock units in total. This reflects her accumulated deferred compensation balance tied to Movado Group’s common stock value over time.

When will the MOV phantom stock units be distributed to the CFO?

The phantom stock units will be distributed in equal annual installments over 10 years after the CFO’s termination of employment. This long-term payout schedule aligns the deferred compensation with her post-employment period rather than providing immediate liquidity.

Did the MOV CFO buy or sell common stock in this Form 4?

The Form 4 does not show the CFO buying or selling common stock on the open market. It reports a grant of phantom stock units as compensation, which economically track Movado shares but are part of a deferred compensation arrangement instead of a market transaction.