Manhattan Associates (NASDAQ: MANH) sets salary and RSU grant for new CFO
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Manhattan Associates, Inc. filed an amendment updating compensation details for its incoming Chief Financial Officer, Linda Pinne, who becomes Senior Vice President, Chief Financial Officer, Chief Accounting Officer and Treasurer effective April 1, 2026.
Her package includes an annualized base salary of $385,000, a target annual cash performance-based bonus equal to 65% of base salary, and a promotional grant of 10,647 restricted stock units, split evenly between service-based and performance-based awards. These RSUs follow the same vesting terms and performance objectives as the company’s normal annual grants made in early February 2026, and her existing at-will employment and indemnification agreements remain in place.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO base salary: $385,000 per year
Target bonus: 65% of base salary
Promotional RSU grant: 10,647 RSUs
+2 more
5 metrics
CFO base salary
$385,000 per year
Annualized base salary for new CFO role
Target bonus
65% of base salary
Target annual cash performance-based bonus
Promotional RSU grant
10,647 RSUs
Equity grant for CFO promotion, 50% service-based, 50% performance-based
Service-based RSUs
5,323.5 RSUs
Half of total RSU grant is service-based
Performance-based RSUs
5,323.5 RSUs
Half of total RSU grant is performance-based
Key Terms
restricted stock units, performance-based bonus, performance-based RSUs, at-will executive employment agreement, +1 more
5 terms
restricted stock units financial
"A promotional grant of 10,647 restricted stock units (“RSUs”), with 50% of them service-based and 50% performance-based."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based bonus financial
"A target annual cash performance-based bonus equal to 65% of her base salary;"
performance-based RSUs financial
"with 50% of them service-based and 50% performance-based."
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
at-will executive employment agreement regulatory
"Ms. Pinne’s existing, previously reported, at-will executive employment agreement and director and officer indemnification agreement will continue to govern the terms of her employment."
indemnification agreement regulatory
"at-will executive employment agreement and director and officer indemnification agreement will continue to govern the terms of her employment."
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
FAQ
What CFO compensation changes did Manhattan Associates (MANH) disclose?
Manhattan Associates disclosed updated compensation for incoming CFO Linda Pinne. Her package includes a $385,000 annualized base salary, a target annual cash performance-based bonus equal to 65% of salary, and a promotional grant of 10,647 restricted stock units split between service-based and performance-based awards.
Who is Manhattan Associates’ new CFO and when is the role effective?
Manhattan Associates’ new CFO is Linda Pinne, previously Senior Vice President, Global Controller and Chief Accounting Officer. She becomes Senior Vice President, Chief Financial Officer, Chief Accounting Officer and Treasurer effective April 1, 2026, reflecting an internal promotion approved by the company’s board of directors.
How is the CFO bonus structured at Manhattan Associates (MANH)?
The CFO’s target annual cash performance-based bonus is set at 65% of her base salary. This target aligns her incentive pay with performance objectives established by Manhattan Associates’ board compensation framework and is part of a broader executive compensation package for the promoted role.
What equity award did Manhattan Associates grant to its new CFO?
The new CFO received a promotional grant of 10,647 restricted stock units from Manhattan Associates. Half of these RSUs are service-based and half performance-based, following the same vesting schedules and performance objectives as the company’s normal annual grants made in early February 2026.
Do existing agreements for the new Manhattan Associates CFO remain in effect?
Yes. The filing states that Linda Pinne’s existing, previously reported at-will executive employment agreement and her director and officer indemnification agreement will continue. These agreements will keep governing the key terms of her employment despite her promotion to the Chief Financial Officer role.