Movado EVP covers taxes with withheld shares

MOVADO GROUP INC EVP & COO Behzad Soltani reported a routine tax-related share disposition.

Rhea-AI Filing Summary

MOVADO GROUP INC EVP & COO Behzad Soltani reported a routine tax-related share disposition. On March 27, 2026, 2,723 shares of Common Stock at $24.05 per share were withheld by the company to satisfy tax withholding obligations on vested stock awards, leaving 81,042.204 shares held directly.

Insider Trade Summary

Exercise Price or Tax Liability: 2,723 shares

Exercise Price or Tax Liability 1 txn

Insider Soltani Behzad

Role EVP & COO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,723	$24.05	$65K

Holdings After Transaction: Common Stock — 81,042.204 shares (Direct)

Footnotes (1)

1. F1. Consists of shares withheld by the company to satisfy the tax withholding obligations upon vesting of stock awards previously granted on March 27, 2023.

Key Figures

Shares withheld for taxes: 2,723 shares Implied share value: $24.05 per share Shares held after transaction: 81,042.204 shares

3 metrics

Shares withheld for taxes 2,723 shares Tax-withholding disposition on Common Stock, March 27, 2026

Implied share value $24.05 per share Value used for tax-withholding shares

Shares held after transaction 81,042.204 shares Direct ownership by Soltani after tax withholding

Key Terms

tax withholding obligations, vesting of stock awards, Common Stock, tax-withholding disposition, +1 more

5 terms

tax withholding obligations financial

"Consists of shares withheld by the company to satisfy the tax withholding obligations"

vesting of stock awards financial

"to satisfy the tax withholding obligations upon vesting of stock awards previously granted"

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 disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did MOV (Movado Group Inc) report for Behzad Soltani?

MOVADO GROUP INC reported that EVP & COO Behzad Soltani had 2,723 Common Stock shares withheld on March 27, 2026. The shares were used to cover tax obligations arising from the vesting of previously granted stock awards.

Was the MOV Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Movado to satisfy tax obligations when Soltani’s stock awards vested, rather than being sold on the open market.

How many MOV shares were withheld for taxes in this Form 4 filing?

The filing reports 2,723 shares of MOVADO GROUP INC Common Stock withheld at $24.05 per share. These shares were retained by the company to meet Soltani’s tax withholding obligations on vested equity awards granted March 27, 2023.

What are Behzad Soltani’s MOV share holdings after this tax-withholding event?

After the tax-withholding disposition, Soltani directly holds 81,042.204 shares of Movado common stock. This figure reflects his ownership following the company’s retention of 2,723 shares to cover related tax obligations.

What does transaction code F mean in the MOV Form 4 for Behzad Soltani?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this case, Movado withheld 2,723 shares from Soltani’s vested stock awards to satisfy tax withholding obligations, rather than executing a market trade.

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

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Accepted by SEC EDGAR 03/31/2026 - 05:14 PM EDT 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^*

Soltani Behzad

(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)
	EVP & COO

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		2,723	D	$24.05(1)	81,042.204	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)