Form 4: Manhattan Associates SVP, CLO & Secretary Reports Stock Disposal
SEC Form 4 Filing
Bruce Richards, SVP, CLO & Secretary of Manhattan Associates, disposed of 2,312 shares of common stock to cover tax obligations.
Summary
- On January 31, 2025, Bruce Richards, SVP, CLO & Secretary of Manhattan Associates, disposed of 2,312 shares of common stock.
- The transaction was a disposal (D) of shares at a price of $208.59.
- Following the transaction, Richards beneficially owns 24,856 shares of Manhattan Associates Inc.
- The transaction was reported on February 4, 2025.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, as it's a standard part of executive compensation and financial management.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it's a relatively small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction (stock disposal) |
| 02/04/2025 | Date of Form 4 filing |
Keywords
Form 4, Manhattan Associates, Stock Disposal, Beneficial Ownership, Bruce Richards, MANH
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