DEMARSILIS SALLIE A 4

What Happened
Sallie A. Demarsilis, Chief Financial Officer of Movado Group Inc. (MOV), was granted 21,543 shares on March 23, 2026. The reported transaction is coded as an award/grant (A) at a $0.00 per-share price, indicating these shares were received as compensation rather than purchased or sold.

Key Details

• Transaction date: 2026-03-23; Filing date: 2026-03-25 (appears filed within the standard 2-business-day window).
• Shares acquired: 21,543; Price reported: $0.00 per share (award/grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes/conditions: The filing does not disclose a 10b5-1 plan, tax withholding, vesting schedule, or other footnotes.
• Transaction code: A = Award (grant of shares).

Context
Awards/grants like this are typically part of executive compensation (e.g., restricted stock or RSUs) and do not represent an open-market purchase or sale. Such grants are common for executives and do not, by themselves, indicate the insider is buying or selling based on a view of the stock—vesting terms and restrictions (if any) determine when shares convert to tradable stock.