Movado CEO granted 286 Phantom Stock Units
Movado Group Inc. Chairman and CEO Efraim Grinberg received a grant of 286.6500 Phantom Stock Units on March 31, 2026.
Rhea-AI Filing Summary
Movado Group Inc. Chairman and CEO Efraim Grinberg received a grant of 286.6500 Phantom Stock Units on March 31, 2026. Each phantom stock unit is economically equivalent to one share of Movado common stock and was awarded as compensation, not an open-market purchase or sale. Following this award, Grinberg holds 35,573.6200 Phantom Stock Units. These units were acquired under the company’s Deferred Compensation Plan and are scheduled to be distributed in equal annual installments over 10 years after his employment with Movado ends.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 286.65 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
- 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
Key Terms
Phantom Stock Unit financial
Deferred Compensation Plan financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did MOVADO GROUP INC (MOV) report for Efraim Grinberg?
What is a Phantom Stock Unit in the MOV Form 4 filing?
How many Phantom Stock Units does Efraim Grinberg hold after this MOV award?
Is the MOV Form 4 transaction a buy or sell of common stock?
When will Efraim Grinberg’s MOV Phantom Stock Units be paid out?
How are the MOV Phantom Stock Units linked to Movado common stock?
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