Director Linda T. Hollembaek Files Form 144 to Sell $328.8K in Manhattan Associates Stock
MANHATTAN ASSOCIATES INC
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Filing Summary
Form 144 Filing Summary • Company: MANHATTAN ASSOCIATES INC ($MANH) • Insider: Linda T Hollembaek (Director) • Proposed Sale: 1,315 shares of Common Stock • Aggregate Value: $328,750.00 (~$250.00/share) • Approximate Sale Date: 2026-11-03 • Broker: Morgan Stanley Smith Barney LLC • Significance: Low
Comprehensive Analysis
Overview
On November 3, 2026, Linda T Hollembaek, a Director at Manhattan Associates, Inc. ($MANH), filed a Form 144 notice disclosing a proposed sale of 1,315 shares of common stock through Morgan Stanley Smith Barney LLC. The estimated aggregate market value of the sale is $328,750.00, representing an implied share price of approximately $250.00.
Origin of Securities
The shares proposed to be sold were acquired via restricted stock vesting under a registered plan:
- 161 shares vested on May 12, 2022.
- 1,154 shares vested on May 13, 2025.
Prior Transactions in Past 3 Months
According to the filing, Hollembaek reported one sale within the preceding three-month period:
- 1,579 shares sold on August 6, 2026, for gross proceeds of $299,820.68.
Trading Significance
The trading significance of this filing is assessed as Low. The proposed transaction represents a negligible fraction of Manhattan Associates' 58,061,893 shares outstanding (<0.01%) and aligns with routine post-vesting equity management by an independent director.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
