Director Linda Hollembaek receives 1,940-share award at Manhattan Associates (MANH)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hollembaek Linda T. reported acquisition or exercise transactions in this Form 4 filing.
Manhattan Associates Inc. director Linda T. Hollembaek received a grant of 1,940 shares of common stock as restricted stock units under the company’s stock incentive plan. The award was at no cash cost per share and lifts her direct holdings to 13,847 shares, vesting fully on the earlier of the next annual shareholders’ meeting or the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hollembaek Linda T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,847 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,940 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 13,847 shares
3 metrics
RSU grant size
1,940 shares
Restricted stock unit award to director on May 14, 2026
Grant price per share
$0.0000 per share
Non-cash stock incentive plan award
Shares held after transaction
13,847 shares
Director’s direct ownership following the grant
Key Terms
Restricted stock unit, stock incentive plan, annual meeting of shareholders
3 terms
Restricted stock unit financial
"Restricted stock unit grant under the Company's stock incentive plan, vesting fully on the earlier to occur of the next annual meeting"
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 to occur of the next annual meeting"
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.
FAQ
What insider transaction did MANH director Linda Hollembaek report on this Form 4?
Linda T. Hollembaek reported receiving a grant of 1,940 restricted stock units of Manhattan Associates common stock. The award was granted at no cash price per share as part of the company’s stock incentive plan, increasing her direct holdings to 13,847 shares.
What are the vesting terms of Linda Hollembaek’s MANH restricted stock unit grant?
The 1,940-share restricted stock unit grant to Linda T. Hollembaek vests fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date. These time-based conditions must be met before the award is fully earned.
Was there any purchase price for Linda Hollembaek’s MANH stock award?
No cash purchase price was paid for the award; the transaction price per share is reported as 0.0000. The 1,940 restricted stock units were granted as compensation under Manhattan Associates’ stock incentive plan rather than acquired in an open-market purchase.