Available $359 40mm

Malm Watches
Pegasus 4e Skvadron SHG Chronograph 41
This watch has been sold out for months with no restock pattern on record. Track to get an alert if it comes back.
A Pilot watch, in a round stainless steel case, 40mm, with a black grained matte (textured, sandpaper-like) dial, broad arrow hands and arabic numerals indices, powered by the TMI NH35A / NH39.
This reference is currently out of stock, with no units available to buy. Compared with similar watches in its segment, the price here lands right around the median, showing no real premium or discount. Among the 32 tracked pilot watches in this size and price class, prices span from USD 300 to USD 499. March 2024 marks when this reference was released.
Diameter
40mm
Thickness
15mm
Movement Type
automatic
Movement Name
TMI NH35A / NH39
Water resistance
10 bar
Crystal Description
LEXAN Polycarbonat
Currently sold out, with no clear restock pattern yet. Scarcity score: 85/100. That score places it in roughly the top 10% among tracked pilot watches in its class. Over the past 179 days, this reference's scarcity score has risen by roughly 69 points. Its scarcity score sits about 54 points above Undone's typical scarcity.
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Limited data
No reliable restock cadence is established for this reference yet.
85
May 2026
Scarcity score · today
Scarcity scoreModeled85/1004
Compared with 31 active peers · Pilot · 40 - 42mm · $300–$500
Scarcity rank (in its segment)Top 10%
Last buyableDerived~148 days ago
Price vs segment6% below segment median
Demand, sellout velocity, and restock cadence unlock as Chronoscout gathers more market data on this reference.
Last confirmed:
1 availability changes recorded. Available once, for 263 days, on 9/15/25. Longest sold-out stretch: 148 days.
Tracked since 9/15/25 (411 days).
Sold out6/5/26
5 months straight
November 2025
Today
Available · for 111 days2/14/26
Unknown · for 12 hours2/13/26
Available · for 22 hours2/13/26
Unknown · for 3 hours2/12/26
Available · for 47 days12/27/25
Unknown · for 12 hours12/26/25
Available · for 6 days12/20/25
Unknown · for 13 hours12/20/25
Available · for 26 days11/24/25
Unknown · for 12 hours11/23/25
Available · for 5 days11/18/25
Unknown · for 3 hours11/18/25
Currently priced at $365.00, with 7 price changes recorded over the tracked period. The lowest recorded price was $255.50 on 11/28/25; the highest was $382.53 on 8/26/26. That's up from the $365.00 it was first tracked at.
$365.00 USD9/13/26
$255.50
Near its highest recorded price
$382.53
$376.46 · down $6.079/1/26
$382.53 · up $17.538/26/26
$365.00 · up $18.004/27/26
$347.00 · down $18.003/21/26
$365.00 · up $109.5012/1/25
$255.50 · down $109.5011/28/25
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