[Form 4] MOVADO GROUP INC Insider Trading Activity
Behzad Soltani, Chief Operating Officer of Movado Group, Inc. (MOV), acquired 105.76 phantom stock units on 09/30/2025. Each phantom stock unit is described as the economic equivalent of one share of Movado common stock and was issued under the issuer's Deferred Compensation Plan. The filing shows a $0 price for the units and reports 1,987.43 shares beneficially owned by Mr. Soltani following the transaction, held in a direct capacity. The phantom stock units are distributable in equal annual installments over 10 years after the reporting person’s termination of employment. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 10/02/2025.
Behzad Soltani, Chief Operating Officer di Movado Group, Inc. (MOV), ha acquisito 105,76 unità azionarie fantasma il 30/09/2025. Ogni unità azionaria fantasma è descritta come l'equivalente economico di una quota di azioni ordinarie Movado ed è stata emessa ai sensi del Piano di Compensazione Differita dell'emittente. La documentazione mostra un prezzo di $0 per le unità e riporta 1.987,43 azioni detenute beneficiariamente dal Signor Soltani a seguito della operazione, detenute in qualità diretta. Le unità azionarie fantasma sono distribuibili in rate annuali uguali per 10 anni dopo la cessazione dall'impiego della persona che segnala. Il Form 4 è stato firmato per conto della persona che segnala da un procuratore-in-fatto il 02/10/2025.
Behzad Soltani, Director de Operaciones de Movado Group, Inc. (MOV), adquirió 105.76 unidades de acciones fantasma el 30/09/2025. Cada unidad de acciones fantasma se describe como el equivalente económico de una acción común de Movado y fue emitida bajo el Plan de Compensación Diferida del emisor. La presentación muestra un precio de $0 para las unidades y reporta 1,987.43 acciones beneficiosamente poseídas por el Sr. Soltani tras la transacción, en capacidad directa. Las unidades fantasma son distributibles en cuotas anuales iguales durante 10 años después de la terminación del empleo de la persona informante. El Formulario 4 fue firmado en nombre de la persona informante por un apoderado en calidad de representante el 02/10/2025.
배즈드 솔타니, Movado Group, Inc. (MOV)의 최고 운영 책임자, 2025년 9월 30일에 105.76개의 팬텀 주식 단위를 취득했습니다. 각 팬텀 주식 단위는 Movado 일반 주식의 경제적 등가물로 설명되며 발행인의 연기 보상 계획에 따라 발행되었습니다. 제출서는 단위의 가격을 $0로 표시하고 거래 후 솔타니 씨가 직접 지배하는 1,987.43주를 소유한다고 보고합니다. 팬텀 주식 단위는 보고자의 고용 종료 후 10년에 걸쳐 매년 같은 금액으로 분배될 수 있습니다. Form 4는 보고자를 대신해 대리인에 의해 2025-10-02에 서명되었습니다.
Behzad Soltani, Directeur des opérations de Movado Group, Inc. (MOV), a acquis 105,76 unités d’actions fantômes le 30/09/2025. Chaque unité d’action fantôme est décrite comme l’équivalent économique d’une action ordinaire Movado et a été émise en vertu du Plan de rémunération différée de l’émetteur. Le dépôt indique un prix de $0 pour les unités et rapporte 1 987,43 actions détenues par M. Soltani à la suite de la transaction, en capacité directe. Les unités fantômes sont distribuables en paiements annuels égaux sur 10 ans après la cessation d’emploi de la personne déclarante. Le Formulaire 4 a été signé au nom de la personne déclarant par un mandataire le 02/10/2025.
Behzad Soltani, Chief Operating Officer von Movado Group, Inc. (MOV), erwarb am 30.09.2025 105,76 Phantomaktien-Einheiten. Jede Phantomaktien-Einheit wird als wirtschaftliches Äquivalent einer Movado-Stammaktie beschrieben und im Rahmen des Emittenten-Deferred-Compensation-Plans ausgegeben. Die Einreichung zeigt einen Preis von $0 für die Einheiten und meldet 1.987,43 Aktien, die von Herrn Soltani nach der Transaktion vorteilhaft gehalten werden, direkt gehalten. Die Phantomaktien-Einheiten sind nach Beendigung des Arbeitsverhältnisses des meldenden Person in gleichen jährlichen Raten über 10 Jahre ausschüttbar. Das Formular 4 wurde im Namen der meldenden Person von einem Bevollmächtigten am 02.10.2025 unterschrieben.
بهزاد سلطانی، الرئيس التنفيذي للعمليات في Movado Group, Inc. (MOV)، اشترى 105.76 وحدة أسهم فانتوم في 30/09/2025. تُوصف كل وحدة أسهم فانتوم بأنها مكافئ اقتصادي لسهم Movado العادي وتم إصدارها بموجب خطة التعويض المؤجل للمصدر. تُظهر الرسالة وجود سعر $0 للوحدات وتذكر 1,987.43 سهماً مملوكاً للمستفيد بشكل فاعل من بعد الصفقة، وتُحتفظ به بصفة مباشرة. يمكن توزيع وحدات الأسهم الفانتوم بالتساوي على أقساط سنوية لمدة 10 سنوات بعد إنهاء وظيفة الشخص المبلغ. وتم توقيع النموذج 4 نيابة عن الشخص المبلغ بواسطة محامٍ بالوكالة في 02/10/2025.
Behzad Soltani，Movado Group, Inc. (MOV) 的首席运营官，在 2025/09/30 获得了 105.76 单虚拟股票单位。每单位虚拟股票被描述为 Movado 普通股的一种经济等价物，按照发行方的延期补偿计划发行。文件显示单位价格为 $0，并报告交易后由 Soltani 先生直接持有的 1,987.43 股受益所有权。虚拟股票单位可在报告人离职后的 10 年 内按等额年度分期分配。Form 4 已于 2025/10/02 代表报告人签署。
- 105.76 phantom stock units granted to the COO align incentives with shareholder value over time
- Phantom units are payable in equal annual installments over 10 years, providing deferred, staggered payouts
- Transaction was disclosed on Form 4 with clear dates: 09/30/2025 (transaction) and 10/02/2025 (signature)
- None.
Insights
Phantom units align executive compensation with shareholder value without immediate dilution.
The grant of 105.76 phantom stock units provides the COO with long‑term, deferred economic exposure to Movado common stock under the company's Deferred Compensation Plan. Because the units are paid in equal annual installments over 10 years after termination, the award delivers staggered payouts rather than a single lump sum, smoothing future cash or equity-equivalent obligations.
This structure links the executive's financial outcome to Movado’s share performance while preserving current share count, since phantom units are described as economic equivalents rather than immediate stock issuance.
Filing records a routine Section 16 disclosure for an officer, specifying dates and ownership.
The Form 4 discloses the transaction date of 09/30/2025, a reported price of $0 for the phantom units, and beneficial ownership of 1,987.43 shares following the transaction. The form is signed by an attorney-in-fact on 10/02/2025, which complies with required execution and reporting formalities.
No other reportable transactions, amendments, or joint filings are indicated in the disclosed document.
Behzad Soltani, Chief Operating Officer di Movado Group, Inc. (MOV), ha acquisito 105,76 unità azionarie fantasma il 30/09/2025. Ogni unità azionaria fantasma è descritta come l'equivalente economico di una quota di azioni ordinarie Movado ed è stata emessa ai sensi del Piano di Compensazione Differita dell'emittente. La documentazione mostra un prezzo di $0 per le unità e riporta 1.987,43 azioni detenute beneficiariamente dal Signor Soltani a seguito della operazione, detenute in qualità diretta. Le unità azionarie fantasma sono distribuibili in rate annuali uguali per 10 anni dopo la cessazione dall'impiego della persona che segnala. Il Form 4 è stato firmato per conto della persona che segnala da un procuratore-in-fatto il 02/10/2025.
Behzad Soltani, Director de Operaciones de Movado Group, Inc. (MOV), adquirió 105.76 unidades de acciones fantasma el 30/09/2025. Cada unidad de acciones fantasma se describe como el equivalente económico de una acción común de Movado y fue emitida bajo el Plan de Compensación Diferida del emisor. La presentación muestra un precio de $0 para las unidades y reporta 1,987.43 acciones beneficiosamente poseídas por el Sr. Soltani tras la transacción, en capacidad directa. Las unidades fantasma son distributibles en cuotas anuales iguales durante 10 años después de la terminación del empleo de la persona informante. El Formulario 4 fue firmado en nombre de la persona informante por un apoderado en calidad de representante el 02/10/2025.
배즈드 솔타니, Movado Group, Inc. (MOV)의 최고 운영 책임자, 2025년 9월 30일에 105.76개의 팬텀 주식 단위를 취득했습니다. 각 팬텀 주식 단위는 Movado 일반 주식의 경제적 등가물로 설명되며 발행인의 연기 보상 계획에 따라 발행되었습니다. 제출서는 단위의 가격을 $0로 표시하고 거래 후 솔타니 씨가 직접 지배하는 1,987.43주를 소유한다고 보고합니다. 팬텀 주식 단위는 보고자의 고용 종료 후 10년에 걸쳐 매년 같은 금액으로 분배될 수 있습니다. Form 4는 보고자를 대신해 대리인에 의해 2025-10-02에 서명되었습니다.
Behzad Soltani, Directeur des opérations de Movado Group, Inc. (MOV), a acquis 105,76 unités d’actions fantômes le 30/09/2025. Chaque unité d’action fantôme est décrite comme l’équivalent économique d’une action ordinaire Movado et a été émise en vertu du Plan de rémunération différée de l’émetteur. Le dépôt indique un prix de $0 pour les unités et rapporte 1 987,43 actions détenues par M. Soltani à la suite de la transaction, en capacité directe. Les unités fantômes sont distribuables en paiements annuels égaux sur 10 ans après la cessation d’emploi de la personne déclarante. Le Formulaire 4 a été signé au nom de la personne déclarant par un mandataire le 02/10/2025.
Behzad Soltani, Chief Operating Officer von Movado Group, Inc. (MOV), erwarb am 30.09.2025 105,76 Phantomaktien-Einheiten. Jede Phantomaktien-Einheit wird als wirtschaftliches Äquivalent einer Movado-Stammaktie beschrieben und im Rahmen des Emittenten-Deferred-Compensation-Plans ausgegeben. Die Einreichung zeigt einen Preis von $0 für die Einheiten und meldet 1.987,43 Aktien, die von Herrn Soltani nach der Transaktion vorteilhaft gehalten werden, direkt gehalten. Die Phantomaktien-Einheiten sind nach Beendigung des Arbeitsverhältnisses des meldenden Person in gleichen jährlichen Raten über 10 Jahre ausschüttbar. Das Formular 4 wurde im Namen der meldenden Person von einem Bevollmächtigten am 02.10.2025 unterschrieben.
FAQ
What did Movado COO Behzad Soltani acquire on 09/30/2025?
How many Movado shares does Behzad Soltani beneficially own after the transaction?
What is the payment schedule for the phantom stock units?
What price was reported for the phantom stock units?
When was the Form 4 signed and by whom?
