MOV - SALLIE DEMARSILIS At Movado Group Executes Options Exercise Realizing $827K | Benzinga
In a new SEC filing on December 26, it was revealed that DEMARSILIS, Chief Financial Officer at Movado Group (NYSE:MOV), executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that DEMARSILIS, Chief Financial Officer at Movado Group, a company in the Consumer Discretionary sector, just exercised stock options worth 44,840 shares of MOV stock with an exercise price of $12.42.
Movado Group shares are currently trading down by 0.0%, with a current price of $30.88 as of Wednesday morning. This brings the total value of DEMARSILIS's 44,840 shares to $827,746.
About Movado Group
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
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