STOCK TITAN
  1. Home
  2. Sec-filings
  3. MOVAA
  4. [Form 4] MOVADO GROUP INC Insider Trading Activity

Movado Group (MOV) EVP granted 136.93 phantom stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Soltani Behzad reported acquisition or exercise transactions in this Form 4 filing.

Movado Group EVP & COO Behzad Soltani reported a compensation-related grant of 136.93 phantom stock units on common stock. Each phantom stock unit is the economic equivalent of one Movado Group common share and was awarded at a stated price of $0.00 per unit.

The units were granted under the company’s Deferred Compensation Plan and will be distributed in equal annual installments for 10 years after Soltani’s termination of employment with Movado Group. Following this award, Soltani directly holds 2,207.46 phantom stock units.

Positive

  • None.

Negative

  • None.
Insider Soltani Behzad
Role EVP & COO
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 136.93 $0.00 --
Holdings After Transaction: Phantom Stock Unit — 2,207.46 shares (Direct)
Footnotes (1)
  1. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock. 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.
Phantom units granted 136.93 units Grant of phantom stock units on 2026-03-31
Total phantom units after grant 2,207.46 units Direct holdings following transaction
Grant price per unit $0.00 per unit Reported transaction price for phantom stock unit award
Underlying common stock equivalence 1 unit = 1 share Each phantom stock unit is economic equivalent of one common share
Distribution period 10 years Equal annual installments after termination of employment
Phantom Stock Unit financial
"Each share of phantom stock is the economic equivalent of one share"
Deferred Compensation Plan financial
"Phantom stock units acquired under issuer's Deferred Compensation Plan"
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"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Soltani Behzad
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)03/31/2026A136.93 (2) (2)Common Stock136.93$02,207.46D
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-fact04/01/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Movado Group (MOV) executive Behzad Soltani report in this Form 4?

Behzad Soltani, EVP & COO of Movado Group, reported receiving 136.93 phantom stock units as a compensation award. These units track the value of common stock and increase his total phantom stock holdings to 2,207.46 units, all held directly.

What are phantom stock units in the Movado Group (MOV) Form 4 filing?

Phantom stock units are compensation instruments whose value mirrors one share of Movado Group common stock each. They do not involve an upfront cash payment but provide economic equivalence to stock value, typically paid in cash or stock according to plan terms.

How many Movado Group (MOV) phantom stock units were granted to Soltani?

Soltani was granted 136.93 phantom stock units linked to Movado Group common stock. The grant price is reported as $0.00 per unit, reflecting a compensation award rather than a market purchase, and increases his total phantom stock position to 2,207.46 units.

When will Behzad Soltani’s Movado Group (MOV) phantom stock units be distributed?

The phantom stock units were acquired under Movado Group’s Deferred Compensation Plan and are distributable in equal annual installments for 10 years. Payments begin after Soltani’s termination of employment with Movado Group, spreading the economic benefit over a decade.

Does this Movado Group (MOV) Form 4 show a stock market buy or sell?

The Form 4 reflects a grant of 136.93 phantom stock units to Soltani, not an open-market stock purchase or sale. It is classified as a compensation-related acquisition, with no reported cash price per unit and no shares sold in the transaction.