secwatch.observer — SEC 8-K summary
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Issuer:     MANHATTAN ASSOCIATES INC (MANH)
CIK:        0001056696
Form:       8-K/A
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0000950170-25-020116
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eric A. Clark named Manhattan Associates CEO effective Feb 12; Capel becomes Executive Vice-Chairman
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- Clark succeeds Eddie Capel after an extensive search; Board expands to nine members.
- Base salary $800K, target cash bonus $800K, signing bonus $3M paid in three installments.
- Initial RSU grant valued at $8M with vesting over four years; additional $5M grant (50% performance-based).
- Severance: 12 months base salary plus COBRA; on change of control, enhanced severance and equity vesting.
- Clark most recently CEO of NTT Data North America; previously at ServiceNow and Dell.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056696/000095017025020116/0000950170-25-020116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056696/000095017025020116/manh-20250210.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-020116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer