Movado (NYSE: MOV) SVP sees 1,467 shares withheld to cover taxes

Rhea-AI Filing Summary

MOVADO GROUP INC Senior VP and General Counsel Mitchell Cole Sussis reported a routine tax-related share disposition. On March 27, 2026, the company withheld 1,467 shares of Common Stock at $24.05 per share to satisfy tax withholding obligations tied to stock awards granted on March 27, 2023. After this withholding, Sussis directly holds 46,030 shares of Movado common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sussis Mitchell Cole

Role Senior VP and General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,467	$24.05	$35K

Holdings After Transaction: Common Stock — 46,030 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 1,467 shares Withholding price per share: $24.05 per share Shares owned after transaction: 46,030 shares +1 more

4 metrics

Shares withheld for taxes 1,467 shares Tax withholding upon vesting of stock awards on March 27, 2026

Withholding price per share $24.05 per share Value used for 1,467 withheld Movado common shares

Shares owned after transaction 46,030 shares Direct Movado common stock holdings following tax withholding

Grant date of stock awards March 27, 2023 Original grant date of stock awards that later vested

Key Terms

tax withholding obligations, vesting of stock awards, Form 4, Senior VP and General Counsel

4 terms

tax withholding obligations financial

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

vesting of stock awards financial

"to satisfy the tax withholding obligations upon vesting of stock awards previously granted on March 27, 2023"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Senior VP and General Counsel financial

"officer_title": "Senior VP and General Counsel""

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^*

Sussis Mitchell Cole

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP and General Counsel

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		1,467	D	$24.05(1)	46,030	D

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 Cole Sussis	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 insider transaction did MOV’s Mitchell Cole Sussis report on this Form 4?

Mitchell Cole Sussis reported a tax-related share disposition. The company withheld 1,467 Movado common shares at $24.05 each to cover tax obligations from vesting stock awards, leaving him with 46,030 shares directly owned afterward.

Was the MOV Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. It reflects 1,467 Movado shares withheld by the company at $24.05 per share to satisfy tax withholding obligations when previously granted stock awards vested.

How many MOV shares does Mitchell Cole Sussis own after the reported tax withholding?

After the tax withholding transaction, Mitchell Cole Sussis directly owns 46,030 shares of Movado common stock. This figure comes from the Form 4’s post-transaction holding disclosure and reflects his remaining direct equity position.

What triggered the tax withholding share disposition reported for MOV?

The disposition was triggered by the vesting of stock awards granted on March 27, 2023. When those awards vested, Movado withheld 1,467 common shares to cover the associated tax withholding obligations, as explained in the Form 4 footnote.

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

The tax withholding disposition used a price of $24.05 per Movado common share. This price applies to the 1,467 shares withheld by the company to satisfy tax obligations tied to the vesting stock awards.