Movado Group (MOV) SVP uses 2,155 shares to cover tax withholding

Rhea-AI Filing Summary

MOVADO GROUP INC senior vice president of human resources Michelle Kennedy reported a routine tax-related share disposition. On March 27, 2026, 2,155 shares of Common Stock were withheld by the company at $24.05 per share to satisfy tax withholding obligations upon vesting of previously granted stock awards. After this withholding event, she directly holds 35,927.834 shares of Movado common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kennedy Michelle

Role SVP, Human Resources

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,155	$24.05	$52K

Holdings After Transaction: Common Stock — 35,927.834 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares: 2,155 shares Withholding price: $24.05 per share Shares held after transaction: 35,927.834 shares

3 metrics

Tax-withheld shares 2,155 shares Shares withheld for tax obligations on March 27, 2026

Withholding price $24.05 per share Price applied to shares withheld for taxes

Shares held after transaction 35,927.834 shares Direct Movado common stock holding after tax withholding

Key Terms

Common Stock, tax withholding obligations, vesting of stock awards

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

tax withholding obligations financial

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

vesting of stock awards financial

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

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^*

Kennedy Michelle

(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)
	SVP, Human Resources

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/27/2026		F		2,155	D	$24.05(1)	35,927.834	D

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

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)

FAQ

What insider transaction did MOV executive Michelle Kennedy report on this Form 4?

Michelle Kennedy reported a tax-related share disposition, not an open-market trade. On March 27, 2026, 2,155 Movado common shares were withheld by the company at $24.05 per share to cover tax obligations when previously granted stock awards vested.

Was Michelle Kennedy’s MOV Form 4 transaction a sale on the open market?

No, the Form 4 shows a tax-withholding disposition rather than an open-market sale. The 2,155 shares were withheld by Movado Group to satisfy tax withholding obligations triggered by the vesting of stock awards granted on March 27, 2023.

How many MOV shares were involved in Michelle Kennedy’s tax withholding event?

The filing reports that 2,155 shares of Movado common stock were withheld. These shares were taken by the company at a price of $24.05 per share specifically to cover tax liabilities arising from the vesting of previously granted equity-based stock awards.

How many MOV shares does Michelle Kennedy hold after this Form 4 transaction?

Following the tax-withholding disposition, Michelle Kennedy directly holds 35,927.834 Movado common shares. This figure reflects her remaining direct ownership after the company withheld 2,155 shares to satisfy tax obligations tied to the vesting of earlier stock awards.

What triggered the tax withholding disposition reported by Michelle Kennedy for MOV?

The disposition was triggered by the vesting of stock awards previously granted on March 27, 2023. When those equity awards vested, Movado Group withheld 2,155 common shares at $24.05 per share to cover Michelle Kennedy’s associated tax withholding obligations.