Stock-Based Compensation (Tables)

9 Months Ended

Oct. 31, 2025

The following table summarizes the Company’s stock options activity during the first nine months of fiscal 2026:


	Outstanding Options			Weighted Average Exercise Price per Option		Option Price Per Share		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value $(000)
Options outstanding at January 31, 2025 (802,850 options exercisable)		951,489		$	23.13	$12.42-$38.04			5.5	$	1,775
Granted		—			—		—
Exercised		—			—		—
Forfeited		(22,140	)	$	30.36	$	30.36
Options outstanding at October 31, 2025		929,349		$	22.96	$12.42-$38.04			4.8	$	1,337
Exercisable at October 31, 2025		929,349		$	22.96				4.8	$	1,337
Expected to vest at October 31, 2025		—			—				—	$	—

The following table summarizes the Company’s stock awards activity during the first nine months of fiscal 2026:


	Number of Stock Award Units			Weighted- Average Grant Date Fair Value		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value $(000's)
Units outstanding at January 31, 2025		657,362		$	29.43
Units granted		508,428		$	13.53
Units vested		(116,565	)	$	35.23
Units forfeited		(31,487	)	$	23.13
Units outstanding at October 31, 2025		1,017,738		$	21.02	1.6	$	18,533

MOVADO GROUP INC 10-Q