Manhattan Associates (NASDAQ: MANH) director gets 1,940 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOONAN THOMAS E reported acquisition or exercise transactions in this Form 4 filing.
MANHATTAN ASSOCIATES INC director Thomas E. Noonan received a grant of 1,940 shares of common stock in the form of restricted stock units under the company’s stock incentive plan. The award vests in full on the earlier of the next annual shareholder meeting or the first anniversary of the grant date.
Following this equity award, Noonan directly holds 103,800 shares of Manhattan Associates common stock, reflecting routine, compensation-related stock-based pay rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NOONAN THOMAS E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 103,800 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,940 shares
Transaction price per share: $0.0000 per share
Shares held after grant: 103,800 shares
+2 more
5 metrics
RSU grant size
1,940 shares
Restricted stock unit award on 2026-05-14
Transaction price per share
$0.0000 per share
Equity compensation, not a market purchase
Shares held after grant
103,800 shares
Total direct holdings following the reported transaction
Transaction type
Grant, award, or other acquisition (Code A)
Characterized as equity compensation, not a sale or open-market buy
Vesting trigger
Next annual meeting or 1-year anniversary
RSUs vest fully on the earlier of these dates
Key Terms
Restricted stock unit, stock incentive plan, grant date, Grant, award, or other acquisition
4 terms
Restricted stock unit financial
"Restricted stock unit grant under the Company's stock incentive plan, vesting fully on the earlier"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
stock incentive plan financial
"Restricted stock unit grant under the Company's stock incentive plan, vesting fully on the earlier"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
grant date financial
"earlier to occur of the next annual meeting of shareholders and the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did MANH director Thomas E. Noonan report in this Form 4 filing?
Thomas E. Noonan reported receiving 1,940 restricted stock units of Manhattan Associates common stock. The award is a compensation-related grant under the company’s stock incentive plan, not an open-market share purchase or sale.
What are the vesting terms of the 1,940 restricted stock units granted to MANH’s director?
The 1,940 restricted stock units vest fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date. Until vesting, they remain subject to the conditions of Manhattan Associates’ stock incentive plan.
Is the MANH Form 4 transaction a buy or a compensation grant?
The transaction is a compensation-related grant. The Form 4 uses code “A” for a grant, award, or other acquisition and notes it as restricted stock units under the company’s stock incentive plan, not an open-market buy.