GRINBERG EFRAIM 4

What Happened
Efraim Grinberg, reported as a 10% owner of Movado Group Inc. (MOV), received an award/acquisition of 84,763 shares on March 23, 2026. The filing lists the acquisition price as $0.00, indicating these were granted shares (transaction code A) rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-23; filing date: 2026-03-25 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 84,763; reported acquisition price: $0.00.
• Shares owned after the transaction: Not specified in the provided filing details.
• No footnotes, tax-withholding, or 10b5-1 plan references were provided in the supplied summary.

Context
An "A" code award typically reflects granted equity (e.g., restricted stock or RSUs vesting) and is not an open-market purchase or sale—so it increases insider ownership but doesn't necessarily signal buying conviction the way a personal cash purchase does. As a 10% owner, Grinberg is a significant shareholder; this is insider ownership activity rather than routine executive trading. No indications of late filing or other special conditions were shown in the provided information.