Movado Group Inc (MOV) CFO receives 21543-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEMARSILIS SALLIE A reported acquisition or exercise transactions in this Form 4 filing.
MOVADO GROUP INC Chief Financial Officer Sallie A. DeMarsilis received a grant of 21543 shares of common stock as compensation. The shares were awarded at no cash cost and increase her directly held position to 129199 shares. This reflects a stock-based award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEMARSILIS SALLIE A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,543 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 129,199 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MOVADO GROUP INC (MOV) report for its CFO?
MOVADO GROUP INC reported a stock grant to its CFO. Sallie A. DeMarsilis received 21543 shares of common stock as a grant or award, increasing her directly held position to 129199 shares, with no cash paid per share in this transaction.
Was the MOVADO GROUP INC CFO transaction a stock purchase or a grant?
The transaction was a stock grant, not a market purchase. It is coded as a grant, award, or other acquisition, with a price per share of 0.0000, indicating compensation-based issuance rather than an open-market buy.
Does the MOVADO GROUP INC CFO Form 4 indicate any stock sales?
No stock sales are reported for the CFO in this filing. The Form 4 shows only one transaction, a grant or award acquisition of 21543 common shares, and no dispositions or open-market sales of MOVADO GROUP INC stock.
Is the MOVADO GROUP INC CFO grant a cash transaction affecting company proceeds?
The CFO grant does not involve cash paid per share. The transaction price is listed as 0.0000 per share, indicating a stock-based compensation award rather than a cash-funded purchase that would provide proceeds to the company.