Movado Group (MOV) General Counsel reports new phantom stock unit award

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.

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

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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^*

Sussis Mitchell Cole

(Last) (First) (Middle)

C/O MOVADO GROUP INC.

650 FROM ROAD, SUITE 375

(Street)

PARAMUS NJ 07652

(City) (State) (Zip)

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)
	Senior VP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Phantom Stock Unit	(1)	12/31/2025		A		53.17		(2)	(2)	Common Stock	53.17	$0	1,529.53	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 Cole Sussis	01/05/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did MOV disclose for Mitchell Cole Sussis?

The filing reports that Senior VP and General Counsel Mitchell Cole Sussis acquired 53.17 phantom stock units tied to Movado Group Inc. common stock on 12/31/2025.

What are the phantom stock units reported in the MOV Form 4?

Each phantom stock unit is the economic equivalent of one share of Movado Group Inc. common stock, providing stock-linked value without issuing actual shares at the time of grant.

How many phantom stock units does the MOV insider hold after this transaction?

Following the reported transaction, Mitchell Cole Sussis beneficially owns 1,529.53 phantom stock units, held as a derivative security directly.

Under what plan were the MOV phantom stock units acquired?

The phantom stock units were acquired under the issuer's Deferred Compensation Plan, as noted in the footnotes to the filing.

How will the MOV phantom stock units be distributed to the insider?

According to the disclosure, phantom stock units are distributable in equal annual installments for 10 years following the reporting person's termination of employment with the issuer.

What is Mitchell Cole Sussis’s role at Movado Group Inc. (MOV)?

Mitchell Cole Sussis is identified as an Officer of Movado Group Inc., serving as Senior VP and General Counsel.