Form 4: Movado CFO Acquires Phantom Stock Units

Movado Group's Chief Financial Officer, Sallie A. DeMarsilis, acquired 150.58 phantom stock units under a deferred compensation plan.

Summary

• Sallie A. DeMarsilis, Chief Financial Officer of Movado Group Inc. (MOV), acquired 150.58 phantom stock units.
• The transaction occurred on December 31, 2025, as part of the issuer's Deferred Compensation Plan.
• Each phantom stock unit is the economic equivalent of one share of Movado Group, Inc. common stock.
• These units are scheduled to be distributed in equal annual installments over 10 years following the reporting person's termination of employment.
• Following this acquisition, Sallie A. DeMarsilis beneficially owns a total of 4,964.79 derivative securities (phantom stock units).
• The transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The transaction is a routine executive compensation event under a deferred plan, which aligns executive interests with shareholders. No significant operational or financial news is conveyed.

Positives

• The acquisition of phantom stock units by the Chief Financial Officer indicates continued alignment of management's interests with long-term shareholder value.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Executive compensation in the form of phantom stock units aligns management's long-term financial interests with shareholder value.

Key Dates

Keywords

Movado Group Inc, MOV, Sallie A. DeMarsilis, Chief Financial Officer, CFO, Phantom Stock Units, Deferred Compensation Plan, Insider Transaction, SEC Form 4, Executive Compensation, Rule 10b5-1