Movado (MOV) Director Alexander Grinberg Receives Award of 1,815 Shares

What Happened

• Alexander Grinberg, a director of Movado Group Inc. (MOV), was granted 1,815 shares on March 23, 2026. The transaction is reported with a price of $0.00, indicating an award/grant rather than a market purchase. This is a compensation-style award (transaction code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-03-23; Filing date: 2026-03-25 (filed within the typical two-business-day Form 4 window).
• Reported price per share: $0.00 (award/grant); reported acquisition value: $0.
• Shares owned after the transaction: not specified in the filing.
• Transaction code: A (award/grant/acquisition). No footnotes, 10b5-1 plan, tax withholding, or other special flags were reported on the Form 4.

Context

• Awards (code A) commonly reflect compensation such as restricted stock or RSUs; the Form 4 does not detail vesting or transfer restrictions. Such grants are routine for executives and directors and do not necessarily signal immediate buying or selling sentiment.