Form 4: Manhattan Associates EVP Sells Shares for Tax Obligations

Manhattan Associates' EVP of Professional Services, James Stewart Gantt, disposed of 1,467 shares of common stock to cover tax liabilities.

Summary

• James Stewart Gantt, Executive Vice President of Professional Services at Manhattan Associates Inc. (MANH), reported a transaction.
• On February 28, 2026, Gantt disposed of 1,467 shares of common stock.
• The shares were disposed of at a price of $135.43 per share.
• The transaction code 'F' indicates this disposition was for the payment of tax liability by delivering or withholding securities incident to the vesting of a security.
• Following this transaction, James Stewart Gantt beneficially owns 68,115 shares of Manhattan Associates Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a non-discretionary sale for tax purposes, which does not signal a change in the executive's confidence or the company's prospects.

Positives

• The transaction is a non-discretionary sale for tax withholding purposes, indicating a routine event rather than a discretionary divestment of shares by the executive.

Negatives

• No significant negative implications are directly apparent from this routine tax-related disposition of shares.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, particularly those coded 'F' for tax withholding, are common occurrences in publicly traded companies. These transactions typically do not reflect a change in management's outlook on the company's future performance but rather a standard procedure for managing equity compensation.

Comparison to Industry Standards

• This type of transaction (disposition for tax withholding) is a standard practice across industries for executives receiving equity-based compensation, aligning with common corporate governance and compensation structures.

Stakeholder Impact

• Shareholders: The disposition of a relatively small number of shares for tax purposes by an executive is unlikely to have a material impact on the company's stock price or overall shareholder value.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Manhattan Associates, MANH, Insider Trading, Form 4, Executive Stock Sale, Tax Withholding, Common Stock