4/A: Movado Group Inc. Executive Corrects SEC Filing Regarding Beneficial Ownership

Mitchell Cole Sussis, Senior VP and General Counsel of Movado Group Inc., amends a previous SEC Form 4 filing to correct the total number of securities acquired and beneficially owned.

Summary

• Mitchell Cole Sussis, a Senior VP and General Counsel at Movado Group Inc., filed an amended Form 4 with the SEC.
• The amendment corrects a clerical error in the original filing from April 23, 2025, regarding the total number of securities acquired and beneficially owned.
• The corrected filing indicates that Sussis acquired 17,634 shares of Common Stock on April 21, 2025, at a price of $0.
• Following the transaction, Sussis beneficially owns 37,355 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine correction of an SEC filing. While the correction itself might raise minor concerns about initial accuracy, it's a standard procedure and doesn't indicate a fundamentally positive or negative outlook.

Management Comments

• The original Form 4 filed April 23, 2025 is being amended to correct the total number of securities acquired and beneficially owned, which were understated in the original Form 4 due to a clerical error.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in the corporate world. It provides transparency to investors regarding the alignment of management's interests with those of the shareholders.

Key Dates

Keywords

SEC Filing, Form 4, Amendment, Beneficial Ownership, Movado Group Inc., Securities, Sussis, Executive