Movado Group executive reports phantom stock award under deferral plan

Movado Group Inc. senior vice president of human resources reported acquiring additional phantom stock units tied to the company’s common stock.

Rhea-AI Filing Summary

Movado Group Inc. senior vice president of human resources reported acquiring additional phantom stock units tied to the company’s common stock. On 12/31/2025, the executive received 53.17 phantom stock units, bringing total derivative securities beneficially owned to 555.92 units, held directly.

Each phantom stock unit is the economic equivalent of one share of Movado Group Inc. common stock. The units were acquired under the company’s Deferred Compensation Plan and are scheduled to be distributed in equal annual installments over 10 years after the executive’s termination of employment with the company.

Insider Trade Summary

Grant/Award: 53.17 shares

Grant/Award 1 txn

Insider Kennedy Michelle

Role SVP, Human Resources

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	53.17	$0.00	$0.00

Holdings After Transaction: Phantom Stock Unit — 555.92 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.

FAQ

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

What executive transaction did Movado Group Inc (MOV) report here?

A Movado Group Inc. senior vice president of human resources reported acquiring 53.17 phantom stock units linked to the company’s common stock.

What type of security did the Movado (MOV) executive receive?

The executive received phantom stock units, each of which is the economic equivalent of one share of Movado Group Inc. common stock.

How many phantom stock units does the Movado (MOV) executive now beneficially own?

Following the reported transaction, the executive beneficially owns 555.92 phantom stock units, held directly.

When did the Movado (MOV) phantom stock transaction occur?

The earliest transaction date disclosed is 12/31/2025.

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

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

How will the Movado (MOV) phantom stock units be distributed to the executive?

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

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

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Accepted by SEC EDGAR 01/05/2026 - 04:41 PM 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^*

Kennedy Michelle

(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)
	SVP, Human Resources

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		53.17		(2)	(2)	Common Stock	53.17	$0	555.92	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.
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.