Pinne Linda C. 4
Research Summary
AI-generated summary
Manhattan Associates (MANH) SVP Linda C. Pinne Surrenders 1,292 Shares for Taxes
What Happened
- Linda C. Pinne, SVP & Global Corporate Controller of Manhattan Associates, surrendered 1,292 shares on Jan 31, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $151.01 each, for a total of approximately $195,105. The Form 4 lists the shares as "disposed" to cover taxes rather than an open-market sale.
Key Details
- Transaction date: 2026-01-31; Filing date: 2026-02-03.
- Price per share: $151.01; Total value: ~$195,105.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
- Shares were disposed to cover taxes (not an open-market sale); Form 4 does not indicate an active sale order.
- Shares owned after the transaction are not specified in the provided filing data.
- No indication in the provided data that this filing was late.
Context
- Code F typically reflects withholding of shares to cover taxes following an equity award or option exercise (a common, administrative transaction). This is routine and does not necessarily signal a change in the insider’s view of the company.