Capel Eddie 4

What Happened
Eddie Capel, a director of Manhattan Associates (MANH), had 26,263 shares withheld on 2026-01-31 to satisfy tax obligations tied to an option exercise or similar equity event. The shares were recorded at $151.01 each for a withholding value of $3,965,976. This was a tax-withholding disposition (not an open-market sale) to cover tax liability from the equity transaction.

Key Details

• Transaction date: 2026-01-31; Price per share: $151.01; Total value withheld: $3,965,976.
• Shares withheld/disposed: 26,263 (transaction code F — payment of exercise price or tax liability).
• Shares owned after the transaction: not specified in the information provided (see the Form 4 for post-transaction holdings).
• Filing status: no late filing indicated in the provided data.
• Notable: Code F typically reflects withholding to cover taxes after exercise/vesting rather than a market sale.

Context
This looks like a routine cashless/tax-withholding step following an option exercise or vesting event: the company retained (disposed of) a portion of the issued shares to satisfy tax obligations. Such withholding transactions are common and do not by themselves signal the insider’s market view. For a complete picture, check the full Form 4 to see any related option exercise entries or the insider’s remaining holdings.