Vanguard disaggregates holdings; reports 0 shares in Movado Group (MOV)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Vanguard Group filed Amendment No. 16 to a Schedule 13G/A reporting its disaggregated beneficial ownership in Movado Group Inc. The filing states that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report ownership separately and The Vanguard Group reports 0 shares beneficially owned, representing 0% of the class. The amendment is signed by Ashley Grim on 03/27/2026.
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FAQ
What does Movado Group (MOV) Schedule 13G/A Amendment No.16 state?
It states Vanguard reports 0 shares beneficially owned, representing 0% of Movado Group common stock. The filing explains an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries to report holdings separately, and the amendment is signed on 03/27/2026.
Why did The Vanguard Group report zero ownership in MOV on this amendment?
The filing explains Vanguard underwent an internal realignment on January 12, 2026, causing subsidiaries to report holdings separately. As described, The Vanguard Group no longer is deemed to beneficially own the securities held by those subsidiaries and accordingly reports 0 shares and 0%.
Who signed the Schedule 13G/A Amendment No.16 for Movado Group (MOV)?
The amendment is signed by Ashley Grim, listed as Head of Global Fund Administration. The signature block shows the filing date as 03/27/2026, confirming the amendment's execution on that date.
Does the amendment identify any subsidiary holdings or >5% holders for MOV?
The filing states that no other person’s interest in the reported securities exceeds 5%. It notes certain Vanguard subsidiaries will report separately but does not list specific subsidiary share counts in this amendment.