What price per share was used for the MOV tax-withholding shares?

The company used a price of $24.05 per Movado common share. This price applied to the 11,926 shares withheld to satisfy tax withholding obligations associated with the vesting of stock awards that were originally granted on March 27, 2023.

Movado Group (NYSE: MOV) CEO reports 11,926-share tax withholding

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Movado Group CEO Efraim Grinberg reported a tax-related share disposition. The company withheld 11,926 shares of common stock at $24.05 per share to cover tax withholding obligations tied to the vesting of stock awards granted on March 27, 2023. After this non-market transaction, he holds 374,676.599 shares directly, plus 17,715 shares held by a trust and 9,935 shares held in an IRA.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider GRINBERG EFRAIM

Role Chairman - CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	11,926	$24.05	$287K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 374,676.599 shares (Direct); Common Stock — 17,715 shares (Indirect, By trust)

Footnotes (1)

[object Object]

Key Figures

Tax-withheld shares: 11,926 shares Withholding price: $24.05 per share Direct holdings after transaction: 374,676.599 shares +3 more

6 metrics

Tax-withheld shares 11,926 shares Shares withheld to satisfy tax obligations on vested awards

Withholding price $24.05 per share Value used for tax-withholding share disposition

Direct holdings after transaction 374,676.599 shares Common stock directly owned following tax withholding

Trust holdings 17,715 shares Common stock held indirectly by trust

IRA holdings 9,935 shares Common stock held indirectly by IRA

Tax-withholding transactions 1 transaction Code F disposition to satisfy tax withholding

Key Terms

tax withholding obligations, vesting of stock awards, trust, IRA, +1 more

5 terms

tax withholding obligations financial

"shares withheld by the company to satisfy the tax withholding obligations upon vesting"

vesting of stock awards financial

"upon vesting of stock awards previously granted on March 27, 2023"

trust financial

"nature_of_ownership": "By trust""

IRA financial

"nature_of_ownership": "By IRA""

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 05:11 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 EFRAIM

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman - CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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)
Common Stock	03/27/2026		F		11,926	D	$24.05⁽¹⁾	374,676.599	D
Common Stock								17,715	I	By trust
Common Stock								9,935	I	By IRA

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)

Explanation of Responses:

1. Consists of shares withheld by the company to satisfy the tax withholding obligations upon vesting of stock awards previously granted on March 27, 2023.

	/s/ Mitchell C. Sussis, attorney-in-fact	03/31/2026
	** 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 MOV CEO Efraim Grinberg report in this Form 4?

Efraim Grinberg reported a tax-withholding disposition of shares. The company withheld 11,926 Movado common shares at $24.05 each to satisfy tax obligations from vesting stock awards granted on March 27, 2023, rather than selling shares on the open market.

Was the MOV Form 4 transaction an open-market stock sale?

No, the Form 4 does not show an open-market sale. The 11,926 Movado shares were withheld by the company to cover tax withholding obligations upon vesting of previously granted stock awards, a routine compensation-related mechanism rather than a discretionary share sale.

How many Movado (MOV) shares does the CEO hold after this filing?

After the tax-withholding disposition, Efraim Grinberg holds 374,676.599 Movado common shares directly. He also has indirect holdings of 17,715 shares held by a trust and 9,935 shares held in an IRA, according to the reported ownership details.

Why were 11,926 MOV shares withheld from the CEO’s awards?

The 11,926 Movado shares were withheld to satisfy tax withholding obligations. When stock awards granted on March 27, 2023 vested, the company retained part of the shares, rather than cash, to pay required taxes on that compensation event.