GRINBERG ALEXANDER 4
4 · MOVADO GROUP INC · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Movado (MOV) Director Alexander Grinberg Withholds 586 Shares
What Happened
- Alexander Grinberg, a director of Movado Group Inc. (MOV), had 586 shares withheld by the company on March 27, 2026 to satisfy tax withholding obligations tied to vested stock awards. The shares were valued at $24.05 each, totaling approximately $14,093. This was a withholding to cover taxes, not an open-market sale.
Key Details
- Transaction date and price: 2026-03-27 — 586 shares at $24.05 each (total ~$14,093).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The shares were withheld to satisfy tax withholding upon vesting of awards originally granted on March 27, 2023.
- Transaction code: F (payment of exercise price or tax liability via share withholding).
- Filing timeliness: Report filed 2026-03-31 for a 2026-03-27 transaction; no late filing flag indicated.
Context
- This is a routine tax-withholding disposition (company retains shares to cover taxes) and does not necessarily indicate insider sentiment about the stock. It reduces the insider’s reported share count but is common when restricted stock or similar awards vest.
Insider Transaction Report
Form 4
GRINBERG ALEXANDER
Director
Transactions
- Tax Payment
Common Stock
[F1]2026-03-27$24.05/sh−586$14,093→ 10,271 total
Holdings
- 4,935(indirect: By IRA)
Common Stock
- 6,426(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Consists of shares withheld by the company to satisfy the tax withholding obligations upon vesting of stock awards previously granted on March 27, 2023.
Signature
/s/ Mitchell C. Sussis, attorney-in-fact|2026-03-31