Capel Eddie 4
Research Summary
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Manhattan Associates Director Eddie Capel Receives 19,877 RSU Award
What Happened Eddie Capel, a director of Manhattan Associates (MANH), is reported to have acquired 19,877 shares via a grant/award (code A) on January 22, 2026 at a reported price of $0.00 (value $0). The award consists of performance-based restricted stock units (RSUs). According to the filing, the Reporting Person beneficially owns 156,602 shares of the company's common stock following this transaction (this total includes outstanding and unvested RSUs and performance-based RSUs).
Key Details
- Transaction type: Grant / Award (performance-based RSUs), SEC Form 4 reported as A.
- Transaction date: January 22, 2026; Filed with the SEC: February 18, 2026 (filed late relative to the typical 2-business-day Form 4 deadline).
- Shares and price: 19,877 RSUs acquired at $0.00 (no cash paid); reported total beneficial ownership after the grant: 156,602 shares.
- Vesting note (footnote): These are performance-based RSUs granted under the company plan on January 23, 2025, with 25% vesting on February 28, 2026 and 25% vesting on January 31 of each year thereafter until fully vested.
- Footnote on ownership: Reported total ownership includes both outstanding/unvested RSUs and unvested performance-based RSUs.
Context This transaction is an award of performance-based RSUs rather than an open-market purchase or sale, so it reflects compensation or incentive plan issuance rather than a direct market signal. The Form 4 was filed several weeks after the transaction date, which is later than the typical 2-business-day reporting requirement; late filings can reduce the timeliness of market information but do not, by themselves, imply wrongdoing.