Form 4: Manhattan Associates Executive VP James Stewart Gantt Reports Stock Disposal

James Stewart Gantt, EVP of Professional Services at Manhattan Associates, disposed of 806 shares of common stock on February 29, 2024, to cover tax obligations.

Summary

• On February 29, 2024, James Stewart Gantt, an Executive Vice President at Manhattan Associates, disposed of 806 shares of the company's common stock.
• The transaction was executed at a price of $253.33 per share.
• Following the transaction, Gantt directly owns 56,287 shares of Manhattan Associates stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates