Director Eddie Capel receives 1,940 MANH (NASDAQ: MANH) restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capel Eddie reported acquisition or exercise transactions in this Form 4 filing.
MANHATTAN ASSOCIATES INC director Eddie Capel received 1,940 shares of Common Stock as a restricted stock unit grant. The award was made at no cash cost per share as part of the company’s stock incentive plan. Following this grant, Capel directly holds 156,329 shares of the company’s common stock.
The restricted stock units vest fully on the earlier of the next annual meeting of shareholders or the first anniversary of the grant date, aligning director compensation with shareholder interests over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Capel Eddie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 156,329 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,940 shares
Grant price per share: $0.0000 per share
Shares held after grant: 156,329 shares
+1 more
4 metrics
RSU grant size
1,940 shares
Restricted stock unit grant on Common Stock
Grant price per share
$0.0000 per share
Equity award, no cash paid by director
Shares held after grant
156,329 shares
Total direct MANH holdings following transaction
Vesting trigger
Earlier of next annual meeting or 1-year anniversary
RSU vesting condition under stock incentive plan
Key Terms
Restricted stock unit, stock incentive plan, annual meeting of shareholders, Form 4
4 terms
Restricted stock unit financial
"Restricted stock unit grant under the Company's stock incentive plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
stock incentive plan financial
"grant under the Company's stock incentive plan, vesting fully"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MANH director Eddie Capel report on this Form 4?
Eddie Capel reported receiving 1,940 shares of MANH common stock as a restricted stock unit grant. The award was part of the company’s stock incentive plan and involved no cash payment per share, reflecting compensation rather than an open-market purchase.
What are the vesting terms of Eddie Capel’s MANH restricted stock unit grant?
The 1,940-share restricted stock unit grant vests fully on the earlier of MANH’s next annual meeting of shareholders or the first anniversary of the grant date. This structure ties the director’s compensation to continued service over that timeframe.
Does the MANH Form 4 show any stock sales or dispositions by Eddie Capel?
The Form 4 shows no stock sales or dispositions by Eddie Capel. It reports only one acquisition transaction, a grant of 1,940 restricted stock units, with no concurrent selling activity or derivative exercises disclosed in the summarized data.