Form 4: Movado Group Director Alexander Grinberg Reports Stock Transactions
SEC Form 4 Filing
Director Alexander Grinberg reports disposition of shares to cover tax obligations and details beneficial ownership of Movado Group Inc. stock.
Summary
- On March 28, 2025, Alexander Grinberg, a director of Movado Group Inc., reported a transaction involving the company's common stock.
- 441 shares were disposed of to satisfy tax withholding obligations at a price of $17.23 per share.
- Following the transaction, Grinberg directly owns 5,887 shares of common stock.
- Grinberg also indirectly owns 4,935 shares through an IRA and 6,426 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 03/28/2022 | Date of original stock awards granted that vested on 03/28/2025 |
| 03/28/2025 | Date of transaction: Disposition of shares for tax obligations. |
| 04/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Movado Group Inc, Director, Stock Transaction, Beneficial Ownership, Grinberg, MOV
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