Movado director has shares withheld for taxes
MOVADO GROUP INC director Alexander Grinberg reported a routine tax-withholding transaction related to equity compensation.
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Rhea-AI Filing Summary
MOVADO GROUP INC director Alexander Grinberg reported a routine tax-withholding transaction related to equity compensation. On March 27, 2026, the company withheld 586 shares of common stock at $24.05 per share to cover tax obligations when stock awards granted on March 27, 2023 vested.
After this withholding, Grinberg holds 10,271 shares directly, 4,935 shares indirectly through an IRA, and 6,426 shares indirectly through a trust. This filing reflects compensation-related share withholding rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 586 | $24.05 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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
Key Terms
tax withholding obligations financial
vesting of stock awards financial
By IRA financial
By trust financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MOV director Alexander Grinberg report in this Form 4?
Does this MOV Form 4 show any stock option exercises or derivative activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.