Form 4: Danielle Sheer Receives RSU Grant at Manhattan Associates

Director Danielle Sheer was granted 1,940 restricted stock units in Manhattan Associates, Inc. as part of the company's stock incentive plan.

Summary

• Director Danielle Sheer acquired 1,940 shares of common stock in the form of restricted stock units (RSUs).
• The transaction occurred on May 14, 2026.
• The shares were granted at a price of $0.00 per share under the company's stock incentive plan.
• Following this transaction, the reporting person's total beneficial ownership is 3,270 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units vest fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align board members with shareholder interests.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for mid-to-large cap technology firms.
• The vesting schedule aligns with typical one-year cliff vesting cycles observed in the software industry.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the 1,940 restricted stock units on the earlier of the next annual meeting or May 14, 2027.

Key Dates

Keywords

Manhattan Associates, MANH, Form 4, Insider Trading, Director Compensation, Restricted Stock Units