Manhattan Associates Files 8-K: Executive & Board Changes
Ticker: MANH · Form: 8-K · Filed: Feb 10, 2025 · CIK: 1056696
Sentiment: neutral
Topics: corporate-governance, executive-changes, filing
Related Tickers: MANH
TL;DR
MANHATTAN ASSOCIATES (MANH) filed an 8-K on Feb 10, 2025, reporting exec/board changes & comp plans.
AI Summary
On February 10, 2025, Manhattan Associates, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing also includes information on compensatory arrangements for certain officers and a Regulation FD disclosure. Additionally, it contains financial statements and exhibits.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily reports routine corporate governance and executive changes, with no immediate indication of significant financial distress or operational disruption.
Key Players & Entities
- MANHATTAN ASSOCIATES, INC. (company) — Registrant
- February 10, 2025 (date) — Date of earliest event reported
- Georgia (jurisdiction) — State of Incorporation
- 770 955-7070 (phone_number) — Registrant's Telephone Number
- 2300 Windy Ridge Parkway Tenth Floor, Atlanta, Georgia 30339 (address) — Principal Executive Offices
FAQ
What specific items are covered in the 8-K filing by Manhattan Associates, Inc. on February 10, 2025?
The 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosure, and financial statements and exhibits.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is February 10, 2025.
In which state is Manhattan Associates, Inc. incorporated?
Manhattan Associates, Inc. is incorporated in Georgia.
What is the principal executive office address for Manhattan Associates, Inc.?
The principal executive office address is 2300 Windy Ridge Parkway Tenth Floor, Atlanta, Georgia 30339.
What is the telephone number for Manhattan Associates, Inc.?
The telephone number for Manhattan Associates, Inc. is 770 955-7070.
Filing Stats: 1,577 words · 6 min read · ~5 pages · Grade level 12.2 · Accepted 2025-02-10 09:01:05
Key Financial Figures
- $800,000 — ludes: an initial annual base salary of $800,000; a target opportunity under the Company
- $3 million — al to $800,000; a cash signing bonus of $3 million payable in three equal installments on
- $8 m — ive plan with a value at grant equal to $8 million, with $2.6 million vesting on Feb
- $2.6 million — alue at grant equal to $8 million, with $2.6 million vesting on February 14, 2025, $2.2 mill
- $2.2 million — 6 million vesting on February 14, 2025, $2.2 million vesting on each of February 14, 2026, a
- $1 million — nd February 14, 2027, and the remaining $1 million vesting on February 14, 2028. The fol
Filing Documents
- manh-20250210.htm (8-K) — 55KB
- manh-ex99_1.htm (EX-99.1) — 23KB
- img242893399_0.jpg (GRAPHIC) — 69KB
- 0000950170-25-016710.txt ( ) — 283KB
- manh-20250210.xsd (EX-101.SCH) — 24KB
- manh-20250210_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 10, 2025, the Company issued a press release announcing the succession of Mr. Clark as President and Chief Executive Officer of the Company. The press release is furnished with this Form 8-K as Exhibit 99.1. Pursuant to General Instruction B.2 of Form 8-K, this exhibit is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Number Description 10.1 Form of Executive Employment Agreement (Incorporated by reference to Exhibit 10.1 to the Company's Form 10-Q for the period ended September 30, 2018 (File No. 000-23999), filed on October 25, 2018). 10.2 Form of Director and Officer Indemnification Agreement with all Directors and Executive Officers (Incorporated by reference to Exhibit 10.2 to the Company's Form 8-K (File No. 000-23999) filed on April 4, 2013). 99.1 Press Release dated February 10, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Manhattan Associates, Inc. Date: February 10, 2025 By: /s/ Bruce S. Richards Senior Vice President, Chief Legal Officer and Secretary