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Movado Group (NYSE: MOV) SVP stock award leads to 230-share tax withholding

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

Rhea-AI Filing Summary

MOVADO GROUP INC senior vice president and Principal Accounting Officer Linda Feeney reported a routine tax-related share disposition. On March 27, 230 shares of common stock were withheld by the company at $24.05 per share to cover tax withholding obligations tied to the vesting of stock awards granted on March 27, 2023. After this non-market transaction, she directly holds 5,240 shares of Movado common stock.

Positive

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Insider Feeney Linda
Role SVP, Principal Acct. Officer
Type Security Shares Price Value
Tax Withholding Common Stock 230 $24.05 $6K
Holdings After Transaction: Common Stock — 5,240 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 230 shares Withheld on March 27 to satisfy tax obligations
Withholding price per share $24.05 per share Value used for 230 withheld shares
Shares held after transaction 5,240 shares Direct holdings of Movado common stock after withholding
Tax withholding shares (summary) 230 shares TaxWithholdingShares in transaction summary
tax withholding obligations financial
"shares withheld by the company to satisfy the tax withholding obligations upon vesting"
vesting of stock awards financial
"upon vesting of stock awards previously granted on March 27, 2023"
Principal Acct. Officer financial
"officer_title": "SVP, Principal Acct. Officer""
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.
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*
Feeney Linda

(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)
SVP, Principal Acct. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
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
Common Stock03/27/2026F230D$24.05(1)5,240D
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
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 C. Sussis, attorney-in-fact03/31/2026
** 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)

FAQ

What insider transaction did MOV executive Linda Feeney report on this Form 4?

Linda Feeney reported a tax-related share disposition. The company withheld 230 shares of Movado common stock on March 27 to satisfy tax withholding obligations arising from the vesting of stock awards granted on March 27, 2023.

Did Linda Feeney of MOVADO GROUP actually sell shares in the open market?

The filing shows no open-market sale. Instead, 230 shares were withheld by MOVADO GROUP INC to cover tax withholding obligations when previously granted stock awards vested, a common administrative step rather than a discretionary stock sale.

How many MOV shares does Linda Feeney hold after the reported tax withholding?

After the transaction, Linda Feeney directly holds 5,240 shares of MOVADO GROUP INC common stock. This reflects her remaining equity position following the 230 shares withheld by the company to satisfy tax obligations on vesting stock awards.

What does the 230-share tax withholding for MOVADO GROUP indicate to investors?

The 230-share tax withholding indicates routine administration of equity compensation. Shares were withheld at $24.05 each to cover tax obligations on vesting stock awards, not a discretionary buy or sell decision, so it carries limited signaling value about Movado’s prospects.

What role does Linda Feeney hold at MOVADO GROUP INC in this Form 4?

Linda Feeney is identified as an officer of MOVADO GROUP INC, serving as senior vice president and Principal Accounting Officer. The reported Form 4 transaction reflects equity compensation tax withholding associated with her role rather than an open-market trade.