Form 4: Manhattan Associates Executive Sells Shares in Recent Transaction
SEC Form 4 Filing
James Stewart Gantt, an EVP at Manhattan Associates, sold a total of 3,475 shares of common stock on November 26, 2024.
Summary
- James Stewart Gantt, an Executive Vice President at Manhattan Associates, sold 105 shares of common stock at a weighted average price of $289.2109.
- He also sold 3,370 shares of common stock at a weighted average price of $288.0626.
- The sales occurred on November 26, 2024.
- Following these transactions, Mr. Gantt directly owns 42,812 shares of Manhattan Associates common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently suggest positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/26/2024 | Date of the stock sale transactions. |
| 11/29/2024 | Date the Form 4 was signed. |
Keywords
Manhattan Associates, insider trading, stock sale, executive, share transaction, Form 4
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