Movado Group (MOV) CFO reports new 150.58 phantom stock unit grant

Rhea-AI Filing Summary

Movado Group Inc. reported an equity-based compensation change for its Chief Financial Officer on a Form 4. On 12/31/2025, the CFO acquired 150.58 phantom stock units, each economically equivalent to one share of Movado Group common stock. These units were issued at a price of $0 per unit under the company’s Deferred Compensation Plan.

Following this transaction, the CFO beneficially owned 4,964.79 derivative securities in the form of phantom stock units, held directly. According to the plan, phantom stock units are scheduled to be distributed in equal annual installments over 10 years after the executive’s termination of employment with Movado Group.

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

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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^*

DEMARSILIS SALLIE A

(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)
	Chief Financial Officer

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		150.58		(2)	(2)	Common Stock	150.58	$0	4,964.79	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 C. Sussis, attorney-in-fact	01/05/2026
	** 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.
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FAQ

What insider transaction did Movado Group Inc. (MOV) disclose?

Movado Group Inc. disclosed that its Chief Financial Officer acquired 150.58 phantom stock units on 12/31/2025 as reported on a Form 4.

What are the phantom stock units reported for Movado Group Inc. (MOV)?

Each phantom stock unit is the economic equivalent of one share of Movado Group Inc. common stock, providing value tied to the share price without issuing actual shares.

How many derivative securities does the Movado (MOV) CFO own after this transaction?

After acquiring 150.58 new units, the Movado CFO beneficially owned 4,964.79 phantom stock units as derivative securities held directly.

Under what plan were the Movado Group Inc. (MOV) phantom stock units granted?

The phantom stock units were acquired under Movado Group Inc.’s Deferred Compensation Plan.

How and when will the Movado (MOV) phantom stock units be paid out?

The phantom stock units are distributable in equal annual installments for 10 years following the CFO’s termination of employment with Movado Group Inc.

Did the Movado (MOV) CFO pay anything for the phantom stock units?

No cash was paid for this grant; the price of the derivative security was $0 per phantom stock unit.