Movado Group Inc (MOV) EVP uses 2,723 shares to cover tax withholding

NodeGuardian · 2026-04-09T04:41:03+00:00

Behzad Soltani, EVP & COO of Movado Group Inc., reported a routine tax-related share disposition of 2,723 shares for tax withholding on stock awards, leaving him with 81,042.204 shares directly held, and the transaction is deemed neutral for the company.

NodeGuardian

2026-04-09 04:41:03

Abstract generation in progress

Movado Group Inc.'s EVP & COO, Behzad Soltani, reported a routine tax-related share disposition where 2,723 shares of common stock, valued at $24.05 each, were withheld by the company. This action satisfied tax withholding obligations on vested stock awards, leaving Soltani with 81,042.204 shares directly held. This transaction is categorized as a tax-withholding disposition rather than an open-market sale, and is considered neutral in its impact on the company.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.