Feeney Linda 4

What Happened Linda Feeney, Senior Vice President and Principal Accounting Officer of Movado Group, Inc. (MOV), received an award of 34.95 phantom stock units on March 31, 2026. The units were granted at $0.00 per unit (no cash exchanged) and are recorded as a derivative award rather than an open‑market purchase or sale. The Form 4 was filed on April 1, 2026.

Key Details

• Transaction type: Award/Grant (code A) of phantom stock units.
• Date of transaction: 2026-03-31; filing date: 2026-04-01.
• Amount: 34.95 phantom stock units; reported acquisition price $0.00 (total cash value at grant $0).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — each phantom unit equals the economic equivalent of one share of Movado common stock; F2 — units are under the issuer’s Deferred Compensation Plan and are distributable in equal annual installments for 10 years following the reporting person’s termination of employment.
• Timeliness: filing appears timely (transaction reported within the next business day).

Context Phantom stock units are a deferred compensation instrument that track share value but do not represent immediate ownership of common stock; they typically pay out in cash or shares according to the plan rules and vesting/distribution schedule. This grant is an award, not a market purchase or sale, and does not by itself indicate a buy or sell signal.