Movado (NYSE: MOV) director sees 586 shares withheld for tax

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

3 transactions reported

Mixed 3 txns

Insider GRINBERG ALEXANDER

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	586	$24.05	$14K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 10,271 shares (Direct); Common Stock — 4,935 shares (Indirect, By IRA)

Footnotes (1)

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Key Figures

Tax-withheld shares: 586 shares Withholding price: $24.05 per share Direct holdings after transaction: 10,271 shares +2 more

5 metrics

Tax-withheld shares 586 shares Withheld to satisfy tax obligations on vested stock awards on March 27, 2026

Withholding price $24.05 per share Value used for tax-withholding disposition of 586 shares

Direct holdings after transaction 10,271 shares Common stock held directly by Alexander Grinberg after tax withholding

Indirect IRA holdings 4,935 shares Common stock held indirectly through an IRA after the reported event

Indirect trust holdings 6,426 shares Common stock held indirectly through a trust after the reported event

Key Terms

tax withholding obligations, vesting of stock awards, By IRA, By trust, +1 more

5 terms

tax withholding obligations financial

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

vesting of stock awards financial

"obligations upon vesting of stock awards previously granted on March 27, 2023"

By IRA financial

"direct_or_indirect: "I", nature_of_ownership: "By IRA""

By trust financial

"direct_or_indirect: "I", nature_of_ownership: "By trust""

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for the F-code transaction"

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 Insider Transactions: What Each Field Means →

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^*

GRINBERG ALEXANDER

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		586	D	$24.05(1)	10,271	D
Common Stock								4,935	I	By IRA
Common Stock								6,426	I	By trust

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)

FAQ

What did MOV director Alexander Grinberg report in this Form 4?

Alexander Grinberg reported that 586 MOV common shares were withheld by the company to cover tax obligations on vested stock awards. This was a compensation-related tax-withholding event, not an open-market trade, and reflects standard treatment of equity awards upon vesting.

Was this Form 4 for MOV a sale of shares on the open market?

No, the Form 4 for MOV shows a tax-withholding disposition, not an open-market sale. The company withheld 586 shares at $24.05 each to satisfy tax obligations when previously granted stock awards vested on March 27, 2026.

How many MOV shares does Alexander Grinberg hold after this transaction?

After the tax withholding, Alexander Grinberg holds 10,271 MOV shares directly, 4,935 shares indirectly through an IRA, and 6,426 shares indirectly through a trust. These holdings reflect his reported ownership positions following the March 27, 2026 vesting event.

What triggered the tax withholding of MOV shares for Alexander Grinberg?

The tax withholding resulted from the vesting of stock awards granted to Alexander Grinberg on March 27, 2023. When these MOV equity awards vested on March 27, 2026, the company withheld 586 shares to satisfy related tax obligations, as disclosed in the Form 4 footnote.

What price per share was used for the MOV tax-withholding transaction?

The MOV tax-withholding transaction used a price of $24.05 per share for the 586 shares withheld. This price is disclosed in the Form 4 and is applied solely to calculate the value of shares used to satisfy the reported tax obligations.

Does this MOV Form 4 show any stock option exercises or derivative activity?

No, this MOV Form 4 does not show any option exercises or derivative transactions. It only reports common shares withheld to cover taxes on vested stock awards, and the derivative position summary is empty in the provided filing data.