4/A: Movado Group CFO Sallie A. DeMarsilis Corrects Beneficial Ownership in Amended SEC Filing

Sallie A. DeMarsilis, CFO of Movado Group, files an amended SEC Form 4 to correct the total number of securities acquired and beneficially owned due to a clerical error.

Summary

• Sallie A. DeMarsilis, the Chief Financial Officer of Movado Group Inc., filed an amended Form 4 with the SEC on May 8, 2025.
• This amendment corrects a clerical error in the original Form 4 filed on April 23, 2025, regarding the total number of securities acquired and beneficially owned.
• The corrected filing shows that DeMarsilis acquired 37,458 shares of Common Stock on April 21, 2025, at a price of $0.
• Following the reported transaction, DeMarsilis beneficially owns 107,656 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a clerical error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to insider trading and beneficial ownership, which is a standard practice for publicly traded companies. It doesn't necessarily reflect broader industry trends but ensures transparency in the market.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates

Keywords

SEC Filing, Form 4, Amendment, Beneficial Ownership, Movado Group, DeMarsilis, CFO, Securities, Common Stock