Form 4: Manhattan Associates Director Reports Share Transfer

Charles E. Moran, a Director at Manhattan Associates Inc., reported a transfer of 1,330 common shares to a revocable trust on June 15, 2026.

Summary

• Charles E. Moran, a Director of Manhattan Associates Inc., filed a Form 4 reporting a transaction on June 15, 2026.
• The transaction involved the transfer of 1,330 shares of common stock.
• These shares were transferred to a revocable trust for no consideration.
• Moran and his spouse are identified as trustees of this trust.
• Following the transaction, Moran beneficially owns 1,940 shares directly and 22,138 shares indirectly through the trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine transfer of shares to a trust by a director, with no indication of buying or selling for investment purposes.

Positives

• Director continues to hold significant beneficial ownership in the company, with 22,138 shares held indirectly through a trust.
• The transfer was to a revocable trust where the reporting person and spouse are trustees, indicating continued control and oversight.

Negatives

• The filing reports a transfer of shares, which could be interpreted as a reduction in direct holdings, although indirect beneficial ownership remains.

Future Outlook

No forward-looking statements or guidance are present in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing details a routine transfer of shares to a trust, which is common for estate planning or personal financial management.

Related Party Transactions

• Transfer of 1,330 common shares from Charles E. Moran to a revocable trust where he and his spouse are trustees.

Stakeholder Impact

• Shareholders receive transparency regarding director's share holdings and transfers.
• The transfer to a trust does not immediately alter the beneficial ownership structure in a way that would significantly impact the company's operations or governance.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Manhattan Associates, MANH, Common Stock, Share Transfer, Beneficial Ownership, Director