Form 4: Manhattan Associates Director Charles E. Moran Acquires Shares

Director Charles E. Moran acquired 1,154 shares of Manhattan Associates Inc. on May 23, 2024, through a restricted stock unit grant.

Summary

• Charles E. Moran, a director of Manhattan Associates Inc., acquired 1,154 shares of common stock on May 23, 2024.
• The acquisition was a result of a restricted stock unit grant under the company's stock incentive plan.
• The shares were acquired at a price of $0.00 per share.
• Following the transaction, Moran directly owns 20,808 shares of Manhattan Associates Inc.
• The restricted stock units vest fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard stock transaction by a company director. It's neither overwhelmingly positive nor negative.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Future Outlook

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates