Director Danielle Sheer receives 1,940-share MANH (NASDAQ: MANH) stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SHEER DANIELLE reported acquisition or exercise transactions in this Form 4 filing.
MANHATTAN ASSOCIATES INC director Danielle Sheer received a grant of 1,940 shares of Common Stock on May 14, 2026. The award was issued at no cash cost to her and is structured as restricted stock units under the company’s stock incentive plan. After this grant, she holds 3,270 shares directly. The units vest fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date, tying the award to continued board service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHEER DANIELLE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,270 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 1,940 shares
Price per share: $0.00 per share
Post-transaction holdings: 3,270 shares
+1 more
4 metrics
Shares granted
1,940 shares
Restricted stock unit grant on May 14, 2026
Price per share
$0.00 per share
Grant/award acquisition, non-cash compensation
Post-transaction holdings
3,270 shares
Total Common Stock directly owned after grant
Vesting trigger
Next annual meeting or 1-year anniversary
Restricted stock unit vesting condition from footnote
Key Terms
Restricted stock unit, stock incentive plan, annual meeting of shareholders, Form 4
4 terms
Restricted stock unit financial
"Restricted stock unit grant under the Company's stock incentive plan"
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
"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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did MANH director Danielle Sheer report in this Form 4 for MANH?
Danielle Sheer reported receiving 1,940 shares of MANH Common Stock as a grant. These shares are structured as restricted stock units and increase her direct holdings to 3,270 shares following the award.
Was the MANH stock grant to Danielle Sheer an open-market purchase?
No, the 1,940-share MANH grant was not an open-market purchase. It was a compensation-related award of restricted stock units under the company’s stock incentive plan, with no cash price per share reported.
When do Danielle Sheer’s MANH restricted stock units from this grant vest?
The restricted stock units vest fully on the earlier of the next MANH annual shareholder meeting or the first anniversary of the May 14, 2026 grant date, aligning the award with her continued board service.