Form 4: Manhattan Associates EVP James Stewart Gantt Sells 4,000 Shares

James Stewart Gantt, EVP of Professional Services at Manhattan Associates, sold 4,000 shares of common stock at an average price of $250.7856 on March 5, 2024.

Summary

• On March 5, 2024, James Stewart Gantt, an EVP at Manhattan Associates, sold 4,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $250.7856 per share.
• The price range for the transactions was between $250.75 and $250.88.
• Following the transaction, Gantt directly owns 52,287 shares of Manhattan Associates.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission on March 7, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It's a neutral event in isolation, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the regulatory landscape, providing transparency into the transactions of company insiders. This sale represents a change in beneficial ownership and is publicly disclosed as required by SEC regulations.

Stakeholder Impact

• The sale of shares by an executive could be perceived differently by stakeholders.
• Some may see it as a lack of confidence in the company's future, while others may view it as a normal part of personal financial planning.

Key Dates