Movado Group insider adds 53.17 phantom stock units to holdings
Movado Group Inc. Senior VP and General Counsel Mitchell Cole Sussis reported acquiring 53.17 phantom stock units on 12/31/2025.
Rhea-AI Filing Summary
Movado Group Inc. Senior VP and General Counsel Mitchell Cole Sussis reported acquiring 53.17 phantom stock units on 12/31/2025. Each phantom stock unit is the economic equivalent of one share of Movado Group common stock, increasing his total derivative holdings to 1,529.53 phantom stock units held directly.
The phantom stock 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 termination of employment. This filing records an update to his deferred, stock-linked compensation rather than a cash transaction in common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 53.17 | $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.
FAQ
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What insider transaction did MOV disclose for Mitchell Cole Sussis?
What are the phantom stock units reported in the MOV Form 4?
How many phantom stock units does the MOV insider hold after this transaction?
Under what plan were the MOV phantom stock units acquired?
How will the MOV phantom stock units be distributed to the insider?
What is Mitchell Cole Sussis’s role at Movado Group Inc. (MOV)?
AI-generated analysis. How Rhea-AI works. Not financial advice.