Form 4: Manhattan Associates Director Eger Edmond Receives Stock Grant
SEC Form 4 Filing
Director Eger Edmond acquired 1,330 shares of Manhattan Associates common stock through a restricted stock unit grant.
Summary
- On May 13, 2025, Eger Edmond, a director of Manhattan Associates Inc., acquired 1,330 shares of common stock.
- 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, Eger Edmond directly owns 12,194 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: 7
Explanation: The document reflects a routine stock grant, which is generally viewed positively as it aligns management interests with shareholders. There are no indications of negative sentiment.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the director.
Future Outlook
The restricted stock units will vest fully on the earlier of the next annual meeting of shareholders and the first anniversary of the grant date.
Industry Context
Stock grants to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Eger Edmond acquired 1,330 shares of common stock. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
Manhattan Associates, Director, Eger Edmond, Stock Grant, Restricted Stock Units, Beneficial Ownership, Form 4
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