Movado director granted phantom stock units

GRINBERG ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

GRINBERG ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.

MOVADO GROUP INC director Alexander Grinberg received a new compensation award of phantom stock units tied to the company’s common stock. The Form 4 shows a grant of 21.04 phantom stock units, each economically equivalent to one share of common stock and recorded at a price of $0.00 per unit.

After this award, Grinberg holds a total of 2,882.3 phantom stock units directly. These units were granted under Movado’s Deferred Compensation Plan and are scheduled to be paid out in equal yearly installments over 10 years after his employment with the company ends, reflecting long-term, non-cash incentive compensation rather than an open-market share purchase or sale.

Insider Trade Summary

Grant/Award: 21.04 shares

Grant/Award 1 txn

Insider GRINBERG ALEXANDER

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	21.04	$0.00	$0.00

Holdings After Transaction: Phantom Stock Unit — 2,882.3 contracts (Direct)

Footnotes (2)

1. F1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
2. F2. 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.

Key Figures

Phantom stock units granted: 21.04 units Total phantom units after grant: 2,882.3 units Grant price per phantom unit: $0.00 per unit +2 more

5 metrics

Phantom stock units granted 21.04 units Award dated 2026-06-30; grant/award acquisition at $0.00 per unit

Total phantom units after grant 2,882.3 units Total phantom stock units beneficially owned following the reported transaction

Grant price per phantom unit $0.00 per unit Compensation grant with no cash paid by the reporting person

Underlying common stock equivalence 1 unit : 1 share Each phantom stock unit equals one share of Movado common stock economically

Payout schedule 10 annual installments Distributable over 10 years following termination of employment

Key Terms

Phantom Stock Unit, Deferred Compensation Plan, economic equivalent, phantom stock units

4 terms

Phantom Stock Unit financial

"security_title: "Phantom Stock Unit""

Deferred Compensation Plan financial

"acquired under issuer's Deferred Compensation Plan distributable in equal annual"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share"

phantom stock units financial

"Phantom stock units acquired under issuer's Deferred Compensation Plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Alexander Grinberg report in this Movado (MOV) Form 4 filing?

Alexander Grinberg reported receiving 21.04 phantom stock units as compensation. These units mirror the value of Movado common stock and increase his deferred equity-based holdings to 2,882.3 units, aligning his incentives with long-term company performance.

Is the Form 4 transaction for Movado (MOV) a stock purchase or sale?

The Form 4 does not show a stock purchase or sale; it shows a grant. Grinberg received phantom stock units at a price of $0.00 per unit as a compensation award, with no open-market trading involved.

How many phantom stock units does Alexander Grinberg now hold at Movado (MOV)?

Following this grant, Alexander Grinberg holds 2,882.3 phantom stock units. Each phantom unit is economically equivalent to one Movado common share, providing equity-linked compensation without immediate share issuance or cash payment.

What are phantom stock units in the context of Movado (MOV)?

Phantom stock units are bookkeeping entries that track the value of Movado common shares. They provide economic equivalence to actual stock, giving the holder value tied to share performance without immediate share ownership or voting rights being described here.

When will Alexander Grinberg’s Movado (MOV) phantom stock units be paid out?

The phantom stock units are distributable in equal annual installments over 10 years. Payments begin after Grinberg’s employment with Movado ends, reflecting a long-term deferred compensation arrangement rather than short-term cash or stock incentives.

What plan governs the phantom stock award reported for Movado (MOV)?

The award was issued under Movado’s Deferred Compensation Plan. Under this plan, phantom stock units are credited now but paid out in equal annual installments for 10 years after the reporting person’s termination of employment with Movado.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 08:01 AM Learn about SEC filing dates

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)
06/30/2026

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

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)	06/30/2026		A		21.04		(2)	(2)	Common Stock	21.04	$0	2,882.3	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	07/02/2026
	** 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)