Movado CFO receives phantom stock award

Movado Group Inc. Chief Financial Officer Sallie A. DeMarsilis received an award of 83.2600 phantom stock units on Movado common stock.

Rhea-AI Filing Summary

Movado Group Inc. Chief Financial Officer Sallie A. DeMarsilis received an award of 83.2600 phantom stock units on Movado common stock. Each phantom unit is economically equivalent to one share of common stock and increases her total phantom stock holdings to 5,195.6500 units.

The phantom stock units were granted under Movado’s Deferred Compensation Plan and carry no cash exercise price. According to the plan terms, they are distributable in equal annual installments over 10 years after her employment with Movado ends, making this a long-term, non-cash compensation award rather than a market stock purchase or sale.

Insider Trade Summary

Grant/Award: 83.26 shares

Grant/Award 1 txn

Insider DEMARSILIS SALLIE A

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	83.26	$0.00	$0.00

Holdings After Transaction: Phantom Stock Unit — 5,195.65 contracts (Direct)

Footnotes (2)

1. F1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
2. 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

Phantom stock units granted: 83.2600 units Total phantom units after award: 5,195.6500 units Grant price per unit: $0.0000 +2 more

5 metrics

Phantom stock units granted 83.2600 units Award to CFO on 2026-06-30

Total phantom units after award 5,195.6500 units CFO phantom stock balance following transaction

Grant price per unit $0.0000 Non-cash phantom stock award

Underlying common stock equivalence 1:1 with common shares Each phantom unit equals one Movado share economically

Payout schedule 10 annual installments Following termination of employment under Deferred Compensation Plan

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, economic equivalent, phantom stock

4 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"

phantom stock financial

"Each share of phantom stock is the economic equivalent of one share"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MOVADO GROUP INC (MOV) disclose in this Form 4 for its CFO?

Movado reported that CFO Sallie A. DeMarsilis received 83.2600 phantom stock units tied to Movado common stock. This award raises her total phantom stock holdings to 5,195.6500 units as part of long-term, non-cash compensation.

What are phantom stock units in the MOV Form 4 filing?

The filing states each phantom stock unit is the economic equivalent of one Movado common share. These units track the value of Movado stock but are paid in cash or shares later, functioning as deferred equity-linked compensation for the executive.

How and when will the Movado CFO’s phantom stock units be paid out?

According to the filing, phantom stock units granted under Movado’s Deferred Compensation Plan are distributed in equal annual installments over 10 years. Payments begin after the reporting person’s termination of employment with Movado Group Inc., supporting long-term retention.

Does the MOV Form 4 show a stock purchase or sale by the CFO?

No, the Form 4 describes a grant of phantom stock units as compensation, not an open-market stock purchase or sale. The transaction code is “A” for award, and the price per unit is reported as 0.0000, reflecting a non-cash grant.

What is the CFO’s total phantom stock position after this MOV award?

After receiving 83.2600 additional phantom stock units, the CFO’s total phantom stock holdings are 5,195.6500 units. Each unit is economically equivalent to one share of Movado common stock, aligning her compensation more closely with shareholder value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/02/2026 - 08:00 AM Learn about SEC filing dates

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)
06/30/2026

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)	06/30/2026		A		83.26		(2)	(2)	Common Stock	83.26	$0	5,195.65	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	07/02/2026
	** 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)