Was the MOV share sale by Alexander Grinberg an open-market transaction?

Yes, the Form 4 describes the 4,935-share transaction as an open-market sale of Movado Group Common Stock. The shares were sold at $43.05 per share from his IRA, and the entry is coded as a sale in open market or private transaction.

Movado Group (NYSE: MOV) director sells 4,935 IRA-held shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Movado Group director Alexander Grinberg reported an open-market sale of 4,935 shares of Common Stock held in his IRA at $43.05 per share on January 5, 2022. This transaction reduced his IRA position in the stock to zero.

After the sale, he continued to hold 24,066 shares directly and 6,426 shares indirectly through a trust. A footnote explains that later ownership reports had inadvertently overstated his indirect holdings by still counting the IRA shares that were already sold on this date.

Insider Trade Summary

Net Seller: 4,935 shares ($212,452)

Net Sell 3 txns

Insider GRINBERG ALEXANDER

Role Director

Sold 4,935 shs ($212K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,935	$43.05	$212K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Indirect, By IRA); Common Stock — 24,066 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 4,935 shares Sale price: $43.05 per share Direct holdings after transaction: 24,066 shares +2 more

5 metrics

Shares sold 4,935 shares Open-market sale on January 5, 2022

Sale price $43.05 per share Common Stock sold from IRA

Direct holdings after transaction 24,066 shares Common Stock held directly after January 5, 2022

Indirect trust holdings after transaction 6,426 shares Common Stock held indirectly by trust

Net shares sold 4,935 shares Net buy/sell direction reported as net-sell

Key Terms

open-market sale, indirect ownership, By IRA, By trust, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "By IRA""

By IRA financial

"nature_of_ownership: "By IRA""

By trust financial

"nature_of_ownership: "By trust""

Form 4 regulatory

"Subsequent Forms 4 filed by the reporting person inadvertently overstated"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 05:00 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)
01/05/2022

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	01/05/2022⁽¹⁾		S		4,935	D	$43.05	0	I	By IRA
Common Stock								24,066	D
Common Stock								6,426	I	By trust

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. Subsequent Forms 4 filed by the reporting person inadvertently overstated indirect ownership by including shares previously held in the reporting person's IRA, which were sold on January 5, 2022.

	/s/ Mitchell C. Sussis, attorney-in-fact	04/02/2026
	** 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 insider transaction did MOV director Alexander Grinberg report?

Alexander Grinberg reported selling 4,935 shares of Movado Group Common Stock in an open-market transaction. The shares were held in his IRA and were sold at $43.05 per share on January 5, 2022, eliminating his IRA position in MOV stock.

At what price did Alexander Grinberg sell his MOV shares?

He sold 4,935 Movado Group shares at $43.05 per share in an open-market sale. The transaction occurred on January 5, 2022 and applied specifically to shares previously held in his IRA account, which was reduced to zero following the sale.

How many MOV shares does Alexander Grinberg hold after this Form 4?

Following the reported sale, Alexander Grinberg holds 24,066 Movado Group shares directly and 6,426 shares indirectly through a trust. The Form 4 also shows zero shares remaining in his IRA, reflecting the complete sale of that specific indirect position.

What does the Form 4 footnote say about MOV indirect ownership figures?

The footnote explains that subsequent Forms 4 inadvertently overstated Alexander Grinberg’s indirect ownership. Those later filings mistakenly included IRA shares that had already been sold on January 5, 2022, so the current disclosure clarifies the correct indirect holdings after that sale.