SADOVE STEPHEN I 4

What Happened Stephen I. Sadove, a director of Movado Group Inc. (MOV), received an award of 5,442 shares on March 23, 2026. The transaction is reported as an award/grant (transaction code A) with an acquisition price of $0.00 (i.e., shares were granted, not purchased). This is a compensation-related grant rather than an open‑market buy or sale.

Key Details

• Transaction date and type: 2026-03-23 — Award/Grant (code A).
• Price and amount: 5,442 shares acquired at $0.00 (reported value $0 on the Form 4).
• Shares owned after transaction: Not specified in the summary data provided (see the full Form 4 for post-transaction holdings).
• Footnotes/plan details: None provided in the supplied summary (check filing for vesting or tax-withholding notes).
• Filing timeliness: Form filed 2026-03-25, which appears to be a timely report (filed within the standard Form 4 reporting window).
• Insider role: Director (not reported as a 10% owner or executive in the summary).

Context Grants of shares to directors are commonly part of compensation (restricted stock or similar) and may be subject to vesting or other conditions; they are not the same as purchases on the open market and do not directly signal personal buying conviction. For details on vesting, restrictions, or the grant’s fair market value, review the full Form 4 and any related company disclosures.