Manhattan Associates (NASDAQ: MANH) extends and expands 2020 equity incentive plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Manhattan Associates, Inc. reported that its Board approved, and shareholders subsequently adopted, a First Amendment to the company’s 2020 Equity Incentive Plan. The Board adopted the amendment on March 20, 2026, and shareholders approved it at the 2026 Annual Meeting on May 14, 2026.
The amendment increases the number of shares of common stock issuable under the plan by an additional 3,000,000 shares and extends the plan’s term to March 20, 2036. The company refers investors to its Definitive Proxy Statement and the full plan and amendment texts, which are filed as exhibits, for complete terms.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Additional shares under plan: 3,000,000 shares
Plan term end date: March 20, 2036
Board adoption date: March 20, 2026
+1 more
4 metrics
Additional shares under plan
3,000,000 shares
Increase in common stock issuable under 2020 Equity Incentive Plan
Plan term end date
March 20, 2036
Extended term of 2020 Equity Incentive Plan after First Amendment
Board adoption date
March 20, 2026
Date Board adopted First Amendment to equity plan
Shareholder approval date
May 14, 2026
Date shareholders approved First Amendment at 2026 Annual Meeting
Key Terms
Equity Incentive Plan, First Amendment, Definitive Proxy Statement, Annual Meeting of Shareholders, +1 more
5 terms
Equity Incentive Plan financial
"Manhattan Associates, Inc. 2020 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
First Amendment financial
"adopted the First Amendment to the Manhattan Associates, Inc. 2020 Equity Incentive Plan"
Definitive Proxy Statement regulatory
"included a description of the material terms of the First Amendment in its Definitive Proxy Statement"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What change did Manhattan Associates (MANH) make to its 2020 Equity Incentive Plan?
Manhattan Associates amended its 2020 Equity Incentive Plan to add more shares and extend its duration. The First Amendment increases issuable common stock by 3,000,000 shares and extends the plan’s term to March 20, 2036, subject to the outlined plan terms.
When was the First Amendment to Manhattan Associates (MANH) equity plan approved?
The Board adopted the First Amendment on March 20, 2026, and shareholders approved it on May 14, 2026. Shareholder approval occurred at the 2026 Annual Meeting of Shareholders, satisfying the plan’s requirement for shareholder authorization of the amendment.
How long will the amended Manhattan Associates (MANH) equity plan remain in effect?
The First Amendment extends the 2020 Equity Incentive Plan’s term to March 20, 2036. This new expiration date defines how long the company may grant awards under the plan, subject to other terms and conditions detailed in the full plan documents.
Where can investors find full details of Manhattan Associates (MANH) equity plan amendment?
Full details appear in the company’s Definitive Proxy Statement filed April 2, 2026, and in the plan documents. The 2020 Equity Incentive Plan and its First Amendment are filed as Exhibits 10.1 and 10.2 to the report, which are incorporated by reference.