Bruce Richards of Manhattan Associates (MANH) disposes 508 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manhattan Associates Inc. senior vice president, chief legal officer and secretary Bruce Richards reported a Form 4 transaction involving company common stock. Richards disposed of 508 shares on February 28, 2026 at a price of $135.43 per share to cover tax obligations. Following this tax-withholding disposition, he directly owns 30,389 shares of Manhattan Associates common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richards Bruce
Role
SVP, CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 508 | $135.43 | $69K |
Holdings After Transaction:
Common Stock — 30,389 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MANH executive Bruce Richards report?
Bruce Richards reported a tax-withholding disposition of Manhattan Associates common stock. He disposed of 508 shares of common stock on February 28, 2026, in connection with paying tax liabilities by delivering shares rather than an open-market sale.
What does transaction code F mean in the MANH Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 508 Manhattan Associates shares were disposed of to cover tax obligations, rather than representing a traditional open-market purchase or sale of stock.
Is Bruce Richards’ MANH Form 4 transaction a buy or a sell?
The Form 4 characterizes the transaction as a tax-withholding disposition, categorized as a dispose event. It reflects shares delivered to satisfy tax liabilities under code F, not a conventional open-market purchase or discretionary sale of Manhattan Associates stock.