Howell Robert G 4
Research Summary
AI-generated summary
Manhattan Associates (MANH) EVP Robert G. Howell Receives RSU Award
What Happened
- Robert G. Howell, Executive Vice President, Americas Sales, was credited with two grants totaling 13,162 performance-based restricted stock units (10,353 + 2,809) on the Form 4 dated Feb 18, 2026. Each grant is reported as an acquisition at $0.00 (no cash paid). These awards are coded as A (Award/Grant) on the filing.
Key Details
- Transaction date: reported period of report 2026-01-22; Form 4 filed 2026-02-18 (filing appears late relative to the typical 2-business-day Section 16 reporting window).
- Grant amounts and price: 10,353 RSUs @ $0.00 and 2,809 RSUs @ $0.00 (total = 13,162 RSUs; no purchase price).
- Shares owned after transaction: 179,173 shares beneficially owned (includes outstanding and unvested RSUs) as of the filing (Footnote F3).
- Footnotes: F1 = 10,353 performance-based RSUs granted Jan 23, 2025; F2 = 2,809 performance-based RSUs granted Jul 30, 2025. Both vest 25% on Feb 28, 2026 and 25% on Jan 31 each year thereafter until fully vested.
- No 10b5-1 plan, tax withholding, or cashless sale is noted in the filing.
Context
- These are compensation awards (performance-based RSUs), not open-market purchases or sales. RSUs convert to shares only if vesting and any performance conditions are met; a $0 price simply means no cash was paid to receive the award. Because the Form 4 was filed several weeks after the report date, the information arrived late to the market and may be less timely for investors assessing insider activity.