Form 4: CFO Sells MANH Shares for Tax Obligations
Insider Transaction Report
Manhattan Associates' EVP, CFO & Treasurer, Dennis B. Story, disposed of 1,334 shares of common stock to cover tax liabilities.
Summary
- Dennis B. Story, EVP, CFO & Treasurer of Manhattan Associates Inc. (MANH), reported a transaction involving the company's common stock.
- The transaction, dated February 28, 2026, was a disposal of 1,334 shares of common stock.
- The shares were disposed of at a price of $135.43 per share.
- This disposal was made under Transaction Code 'F', indicating it was for the payment of tax liability by withholding securities.
- Following this transaction, Dennis B. Story beneficially owns 118,588 shares of Manhattan Associates Inc. common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax management, with no direct implications for the company's operational performance or future prospects.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those marked with transaction code 'F' for tax withholding, are common administrative events and typically do not signal changes in company fundamentals or management's long-term view.
Comparison to Industry Standards
- This is a standard tax-related stock disposal by an executive, aligning with common practices for executive compensation and tax management across various industries.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a small, routine transaction for tax purposes.
- Employees: No direct impact from this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2026 | Date of transaction where 1,334 shares of common stock were disposed of. |
| 03/03/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 filing details a routine disposal of shares by an executive to cover tax obligations, which is a common administrative event and does not reflect a change in the company's fundamentals or the executive's confidence. Therefore, it provides no new information to warrant a change in investment recommendation.
Keywords
Manhattan Associates, MANH, Insider Trading, Form 4, Dennis B. Story, CFO, Stock Sale, Tax Withholding, Executive Compensation
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