Manhattan Associates (MANH) SVP Bruce Richards receives new stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Richards Bruce reported acquisition or exercise transactions in this Form 4 filing.
MANHATTAN ASSOCIATES INC executive Bruce Richards, SVP, CLO & Secretary, reported two equity awards of common stock on January 22, 2026, totaling 4,568 shares. These are performance-based restricted stock units granted under the company’s stock incentive plan, vesting 25% on February 28, 2026 and 25% on January 31 of each following year until fully vested. As of this Form 4 filing, he beneficially owns 30,897 common shares, including outstanding and unvested RSUs and performance-based RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Richards Bruce
Role
SVP, CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,593 | $0.00 | -- |
| Grant/Award | Common Stock | 975 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,844 shares (Direct)
Footnotes (1)
- These are performance-based restricted stock units granted on January 23, 2025 under the Company's stock incentive plan, vesting 25% on February 28, 2026 and 25% on January 31st of each year thereafter until fully vested. These are performance-based restricted stock units granted on July 30, 2025 under the Company's stock incentive plan, vesting 25% on February 28, 2026 and 25% on January 31st of each year thereafter until fully vested. As of the filing date of this Form 4, the Reporting Person beneficially owns 30,897 shares of common stock of the Issuer, which includes outstanding and unvested RSUs and unvested performance-based RSUs.
FAQ
What insider transaction did MANH executive Bruce Richards report on this Form 4 for MANH?
Bruce Richards reported acquiring equity awards totaling 4,568 shares of MANH common stock. These awards are performance-based restricted stock units granted under Manhattan Associates’ stock incentive plan and are structured to vest in stages over several years.
What type of securities are involved in Bruce Richards’ MANH Form 4 transactions?
The Form 4 shows transactions in MANH common stock delivered through performance-based restricted stock units. These units were granted under Manhattan Associates’ stock incentive plan and convert into common shares as specific vesting conditions are met over time.
When do Bruce Richards’ MANH performance-based RSU awards begin vesting?
The performance-based restricted stock units begin vesting 25% on February 28, 2026. The remaining 75% vests in 25% increments on January 31 of each subsequent year until the entire MANH award is fully vested, assuming conditions are satisfied.
What is the transaction code used in Bruce Richards’ MANH Form 4 filing?
The MANH Form 4 uses transaction code “A” for Bruce Richards’ entries. This code indicates a grant, award, or other acquisition of securities, here reflecting performance-based restricted stock unit awards rather than open-market purchases of Manhattan Associates shares.
Were Bruce Richards’ MANH equity awards in this Form 4 open-market purchases?
No, the MANH transactions are classified as grants or awards, not market buys. They represent performance-based restricted stock units granted under Manhattan Associates’ stock incentive plan, with no transaction price per share reported and structured multi-year vesting terms.