[144] Manhattan Associates Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for MANH (Manhattan Associates Inc.): An individual plans to sell 2,300 shares of the issuer's common stock through broker LPL Financial on NASDAQ with an approximate sale date of 08/28/2025. The filing reports an aggregate market value of $503,005.55 based on total shares outstanding of 60,870,000. The shares were acquired on 01/31/2024 as restricted stock units granted by James Stewart Gantt, with payment/date of acquisition also 01/31/2024. No sales by the reporting person are reported in the past three months. The filer certifies they are not aware of undisclosed material adverse information.

Positive

• Full disclosure of transaction details: shares, acquisition date, grantor, broker, and estimated market value are provided
• No sales reported in prior three months, indicating this is an isolated planned sale rather than part of a pattern

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sale of RSUs planned; routine disclosure under Rule 144 with no recent sales reported.

The notice documents a proposed sale of 2,300 common shares via LPL Financial with an indicated market value of about $503k. The shares originated from a restricted stock unit grant on 01/31/2024 from James Stewart Gantt. The size of the sale is immaterial relative to the 60.87 million shares outstanding (~0.0038% of outstanding shares), suggesting limited market impact. The filing includes the standard attestation that no undisclosed material adverse information is known by the seller. This is a routine compliance disclosure rather than a material corporate event.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure; confirms RSU vesting and insider representation, no red flags in the filing.

The form shows acquisition via restricted stock units and an intention to sell those vested units. The absence of any reported sales in the prior three months and the seller's attestation reduce immediate governance concerns. The use of a broker (LPL Financial) and the specification of an approximate sale date align with Rule 144 procedures. There is no indication of accelerated or unusual disposal patterns in this notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON STOCK	LPL FINANCIAL 1005 LPL WAY FORT MILL SC 29715	2300	503005.55	60870000	08/28/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON STOCK	01/31/2024	RESTRICTED STOCK UNIT	JAMES STEWART GANTT			2300	01/31/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares of MANH are being reported for sale in this Form 144?

The notice reports 2,300 shares of common stock to be sold.

When is the approximate sale date for the MANH shares?

The approximate date of sale is listed as 08/28/2025.

How were the MANH shares acquired by the seller?

The shares were acquired on 01/31/2024 as restricted stock units (RSUs) from James Stewart Gantt.

What is the aggregate market value reported for the shares?

The aggregate market value is reported as $503,005.55.

Through which broker will the MANH shares be sold?

The broker named in the filing is LPL Financial.

Does the filing indicate any recent sales by the reporting person?

The filing states Nothing to Report for securities sold during the past three months.