Kennedy Michelle 4

What Happened
Michelle Kennedy, Senior Vice President, Human Resources at Movado Group Inc. (MOV), was granted 10,142 shares on March 23, 2026. The reported transaction is coded as an award/acquisition (A) and shows a $0.00 per-share price (i.e., the shares were granted rather than purchased for cash).

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25. Filing appears within the standard two-business-day window.
• Shares granted: 10,142 shares at $0.00 per share (grant/award).
• Reported cash value on the form: $0 (grant was not a cash purchase). Market value would depend on MOV’s share price at grant date (not provided here).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: Filing shows an "A" code (award/grant). No 10b5-1 plan, tax withholding, or sale reported in the supplied data.

Context
An "A" code award typically reflects compensation (e.g., restricted stock units or other equity grants) rather than an open-market purchase or sale. Such grants are common as part of executive/employee compensation and do not, by themselves, indicate the insider's view on the company's stock price.