4/A: Movado Group EVP Behzad Soltani Amends SEC Filing to Correctly Report Stock Acquisition
SEC Filing
Behzad Soltani, EVP, Commercial President & CTO of Movado Group, amends a previous SEC Form 4 filing to correct the number of securities acquired and beneficially owned.
Summary
- Behzad Soltani, an executive at Movado Group, filed an amended SEC Form 4 to correct a clerical error in the original filing from April 23, 2025.
- The amendment pertains to the reporting of securities acquired and beneficially owned.
- The corrected filing indicates that Soltani acquired 34,577 shares of Common Stock on April 21, 2025, at $0 per share.
- Following the transaction, Soltani beneficially owns 63,879.204 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a clerical error. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider trading activities, which is a common practice for publicly traded companies. It provides transparency into the transactions of company executives.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of transaction: Acquisition of Common Stock |
| 04/23/2025 | Date of original Form 4 filing |
| 05/08/2025 | Date of amended Form 4/A filing |
Keywords
SEC Form 4, amendment, beneficial ownership, Movado Group, Soltani, securities, stock
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