Movado (NYSE: MOV) CEO awarded 286 Phantom Stock Units in deferred plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRINBERG EFRAIM

Role Chairman - CEO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	286.65	$0.00	--

Holdings After Transaction: Phantom Stock Unit — 35,573.62 shares (Direct)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock. 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: 286.6500 units Total Phantom Stock Units after grant: 35,573.6200 units Economic equivalence: 1 unit = 1 share +1 more

4 metrics

Phantom Stock Units granted 286.6500 units Grant on March 31, 2026

Total Phantom Stock Units after grant 35,573.6200 units Holdings following reported transaction

Economic equivalence 1 unit = 1 share Each phantom unit equals one Movado common share economically

Distribution period 10 years Annual installments after termination of employment

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, Grant, award, or other acquisition

3 terms

Phantom Stock Unit financial

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

Deferred Compensation Plan financial

"Phantom stock units acquired under issuer's Deferred Compensation Plan distributable in equal annual installments for 10 years"

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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 05:08 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)
03/31/2026

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)

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)
Phantom Stock Unit	⁽¹⁾	03/31/2026		A		286.65		⁽²⁾	⁽²⁾	Common Stock	286.65	$0	35,573.62	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	04/01/2026
	** 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 MOVADO GROUP INC (MOV) report for Efraim Grinberg?

MOVADO GROUP INC reported that Chairman and CEO Efraim Grinberg received a grant of 286.6500 Phantom Stock Units. This was a compensation-related award, not an open-market stock purchase or sale, and increases his total phantom unit holdings under the company’s deferred compensation program.

What is a Phantom Stock Unit in the MOV Form 4 filing?

A Phantom Stock Unit in this filing is an award whose value is economically equivalent to one share of Movado common stock. It tracks the stock’s value for compensation purposes but does not represent actual shares until distributed under the company’s deferred compensation terms.

How many Phantom Stock Units does Efraim Grinberg hold after this MOV award?

After the March 31, 2026 grant of 286.6500 Phantom Stock Units, Efraim Grinberg holds a total of 35,573.6200 Phantom Stock Units. This figure reflects his direct derivative holdings reported in the Form 4 under Movado’s deferred compensation structure.

Is the MOV Form 4 transaction a buy or sell of common stock?

The MOV Form 4 shows a grant of Phantom Stock Units classified as an acquisition under code A, not a buy or sell in the open market. It represents a compensation award tied economically to Movado common stock, rather than a cash stock transaction.

When will Efraim Grinberg’s MOV Phantom Stock Units be paid out?

The Phantom Stock Units acquired under Movado’s Deferred Compensation Plan will be distributed in equal annual installments over 10 years. Payments begin following the date Efraim Grinberg’s employment with Movado Group Inc. terminates, according to the filing’s footnote disclosure.

How are the MOV Phantom Stock Units linked to Movado common stock?

Each Phantom Stock Unit is the economic equivalent of one share of Movado common stock. This means the value of the units tracks the value of Movado’s stock for compensation purposes, as disclosed in the Form 4 footnotes, without immediate issuance of actual shares.