Form 4: Manhattan Associates Director Kuryea Receives Stock Grant
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
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Kimberly A Kuryea acquired 1,330 shares of common stock. |
| 05/14/2025 | Date of report signature. |
Keywords
Manhattan Associates, Director, Stock Grant, Form 4, Kuryea, Beneficial Ownership, Restricted Stock Units
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