Manhattan Associates (MANH) CEO logs share grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manhattan Associates President & CEO Eric Andrew Clark reported two equity transactions in company stock. On January 22, he acquired 16,214 shares at a price of $0.00 per share as a grant or award under the company’s stock incentive plan, tied to performance-based restricted stock units granted on January 23, 2025 that vest 25% on February 28, 2026 and 25% on January 31 each year thereafter until fully vested. On February 14, he disposed of 4,758 shares of common stock at $140.45 per share through a tax-withholding disposition to cover exercise price or tax liabilities, leaving him with 95,233 shares held directly after that transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Clark Eric Andrew
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,758 | $140.45 | $668K |
| Grant/Award | Common Stock | 16,214 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 95,233 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did MANH CEO Eric Andrew Clark report on this Form 4?
Eric Andrew Clark reported one equity grant and one tax-withholding disposition. He was awarded 16,214 shares at $0.00 per share and later disposed of 4,758 shares at $140.45 per share to cover exercise price or tax obligations.
What equity award did the MANH CEO receive and on what terms?
Clark acquired 16,214 shares at $0.00 per share as a grant or award tied to performance-based restricted stock units. These units were granted January 23, 2025 under the company’s stock incentive plan, with vesting spread over multiple future dates.
What is the vesting schedule for Eric Andrew Clark’s performance-based restricted stock units at MANH?
The performance-based restricted stock units vest 25% on February 28, 2026, and 25% on January 31 of each year thereafter until fully vested. This staggered schedule links long-term share delivery to continued service and performance.
What do the transaction codes A and F mean in this MANH Form 4?
Code A indicates a grant, award, or other acquisition of 16,214 shares at $0.00 per share. Code F indicates a tax-withholding disposition of 4,758 shares, used to pay the exercise price or tax liabilities by delivering securities instead of cash.