Form 4: Manhattan Associates CEO Eddie Capel Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Eddie Capel, President & CEO of Manhattan Associates, disposed of 27,099 shares of common stock on January 31, 2025, to cover tax obligations.
Summary
- On January 31, 2025, Eddie Capel, the President & CEO of Manhattan Associates, disposed of 27,099 shares of the company's common stock.
- The transaction was executed at a price of $208.59 per share.
- Following the transaction, Capel directly owns 203,315 shares of Manhattan Associates.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction related to tax obligations. It doesn't indicate positive or negative performance of the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Eddie Capel disposed of shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Manhattan Associates, Eddie Capel, Stock Disposal, Insider Trading, Beneficial Ownership, Tax Obligations
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