GRINBERG ALEXANDER 4

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.