MORAN CHARLES E 4
Research Summary
AI-generated summary
Manhattan Associates (MANH) Director Charles Moran Receives Award
What Happened
Charles E. Moran, a director of Manhattan Associates, was granted 1,940 restricted stock units (RSUs) on 2026-05-14. The award was reported at a $0 acquisition price (total reported value $0) and is an equity compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-14 (Form 4 filed 2026-05-18). Filing date is within the two-business-day SEC reporting window.
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,940 RSUs at $0.00 (reported acquisition value $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: RSUs vest in full on the earlier of the next annual shareholders meeting or the first anniversary of the grant date.
- No indication of a sale or exercise; this is a standard compensation grant to a director.
Context
RSUs are a form of compensation that convert to shares if and when they vest; they do not require a cash outlay by the recipient. Director grants are common and generally reflect compensation, not necessarily a signal about near-term insider views on the stock. The award will only become share ownership if vesting conditions are met.