Howell Robert G 4

What Happened
Robert G. Howell, EVP, Americas Sales at Manhattan Associates (MANH), disposed of 8,202 shares on 2026-01-31 at $151.01 per share, a transaction valued at approximately $1,238,584. The filing reports the disposition as payment of an exercise price or tax liability (transaction code F), meaning shares were used to satisfy tax obligations related to option exercise rather than a voluntary open-market sale.

Key Details

• Transaction date: 2026-01-31; Price per share: $151.01; Total value: $1,238,584 (reported).
• Transaction type/code: F — payment of exercise price or tax liability (shares surrendered/withheld for taxes).
• Filing date: 2026-02-03 (Form 4 accession 0001225208-26-001228). No indication in the provided data that the filing was late.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context
This was a tax-withholding disposition tied to option-related compensation (common after option exercises). It does not necessarily signal a personal decision to reduce exposure via open-market selling; instead, shares were used to meet tax obligations. For retail investors, purchases or open-market sales can be more informative about insider sentiment than routine withholding transactions.