Form 4: Manhattan Associates Director Kuryea Receives Stock Grant

Sentiment:

SEC Form 4 Filing


Director Kimberly A Kuryea of Manhattan Associates Inc. reports acquisition of 1,330 shares of common stock through a restricted stock unit grant.

Summary

  • Kimberly A Kuryea, a director at Manhattan Associates Inc., reported a transaction on May 13, 2025.
  • Kuryea acquired 1,330 shares of common stock through a restricted stock unit grant.
  • The price per share was $0.00.
  • Following the transaction, Kuryea directly owns 6,087 shares of Manhattan Associates Inc.
  • The restricted stock units vest fully on the earlier of the next annual shareholder meeting or the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a standard stock grant to a director, aligning their interests with shareholders. It suggests confidence in the company's future.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units vest fully on the earlier of the next annual shareholder meeting or the first anniversary of the grant date, incentivizing the director's continued involvement and performance.

Industry Context

Stock grants to directors are a common practice in publicly traded companies to align the interests of the management with those of the 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

DateDescription
05/13/2025Date of transaction: Kimberly A Kuryea acquired 1,330 shares of common stock.
05/14/2025Date of report signature.

Keywords

Manhattan Associates, Director, Stock Grant, Form 4, Kuryea, Beneficial Ownership, Restricted Stock Units

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