{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-251382","form_type":"8-K","ticker":"MANH","cik":"0001056696","company_name":"MANHATTAN ASSOCIATES INC","filed_at":"2026-06-01T20:03:46+00:00","discovered_at":"2026-06-01T20:06:00.352349+00:00","generated_at":"2026-06-01T20:11:49.304665+00:00","sec_items":["2.05","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Manhattan Associates to cut ~6% of global headcount; expects $7M-$9M in severance costs in Q2 2026","bullets":["Reduces global headcount by ~6% to leverage operational efficiencies and focus on strategic priorities.","Expects $7M to $9M in total cash expenses in Q2 2026, mostly severance and termination benefits.","Plan expected to be substantially completed by end of second quarter 2026.","Intends to exclude these charges from future non-GAAP financial measures.","Reaffirms 2026 financial guidance previously provided on April 21, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251382","json":"https://secwatch.observer/filing/0001193125-26-251382.json","markdown":"https://secwatch.observer/filing/0001193125-26-251382.md","text":"https://secwatch.observer/filing/0001193125-26-251382.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/manh-20260601.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T20:11:49.304665+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fedc96ab65201e1a872ad2b17f2d0d615a2d8996","claim":"MANHATTAN ASSOCIATES INC announced a restructuring with charges of approximately $7 million to $9 million (approximately 6%).","evidence_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001213900-26-052921","ticker":"AIRE","company_name":"reAlpha Tech Corp.","filed_at":"2026-05-06T23:59:59+00:00","headline":"reAlpha cuts workforce 25%, targets $2M annual savings in restructuring","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052921","json":"https://secwatch.observer/filing/0001213900-26-052921.json","markdown":"https://secwatch.observer/filing/0001213900-26-052921.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/ea0289539-8k_realpha.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"Plan as well as savings related\nto certain restricted stock units lapsing over the next twelve months. The Company estimates that\nit will incur pre-tax charges in the range of $0.14 million to $0.20 million in connection with the Plan, consisting of approximately\n$0.10 to $0.15 in future cash-based expenditures associated with severance and benefit payments and","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm"}},{"accession":"0001171843-26-000295","ticker":"WWD","company_name":"Woodward, Inc.","filed_at":"2026-01-15T23:59:59+00:00","headline":"Woodward to wind down China on-highway natural gas truck business; expects $20-25M in pre-tax charges","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-000295","json":"https://secwatch.observer/filing/0001171843-26-000295.json","markdown":"https://secwatch.observer/filing/0001171843-26-000295.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/0001171843-26-000295-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/f8k_011526.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"to incur material charges under generally accepted accounting principles. The Company currently estimates that it will recognize cumulative pre-tax charges of approximately $20 million to $25 million, including $3 million to $4 million of non-cash charges for facility and other asset-related charges, $5 million to $7 million in employee-related costs for","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/0001171843-26-000295-index.htm"}},{"accession":"0001628280-26-030100","ticker":"INGR","company_name":"Ingredion Inc","filed_at":"2026-05-05T23:59:59+00:00","headline":"Ingredion to close Cabo, Brazil plant; expects $43M in pre-tax charges","event_type":"other_material","sec_items":["2.05","2.06"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-030100","json":"https://secwatch.observer/filing/0001628280-26-030100.json","markdown":"https://secwatch.observer/filing/0001628280-26-030100.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/0001628280-26-030100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/ingr-20260501.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"underlying real property but has not entered into a contract of sale as of the date of this report. The Company expects to incur pre-tax non-recurring charges of approximately $43 million under the plan, of which approximately $36 million is expected to consist of impairment charges relating to fixed asset and inventory write-downs and approximately $7 million is","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/0001628280-26-030100-index.htm"}},{"accession":"0001437749-26-011402","ticker":"GEOS","company_name":"GEOSPACE TECHNOLOGIES CORP","filed_at":"2026-04-06T23:59:59+00:00","headline":"Geospace announces 20% workforce reduction, expects ~$10M annual cash savings","event_type":"other_material","sec_items":["2.05","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-011402","json":"https://secwatch.observer/filing/0001437749-26-011402.json","markdown":"https://secwatch.observer/filing/0001437749-26-011402.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001115/000143774926011402/0001437749-26-011402-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001115/000143774926011402/geos20260406_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"This organizational change plan will result in approximately 20% reduction in the global workforce, and together with cost-containment measures are expected to produce approximately $10 million of annualized cash savings. In connection with the workforce reduction, the Company expects to incur $0.6 million of termination costs in its second fiscal quarter and incur $0.7 million of costs in its third fiscal quarter ending June 30, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1001115/000143774926011402/0001437749-26-011402-index.htm"}},{"accession":"0001289308-26-000009","ticker":"ENS","company_name":"EnerSys","filed_at":"2026-03-25T23:59:59+00:00","headline":"EnerSys to close Tijuana facility, take $37M charge, shift production to Springfield, MO","event_type":"other_material","sec_items":["2.05","2.06","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001289308-26-000009","json":"https://secwatch.observer/filing/0001289308-26-000009.json","markdown":"https://secwatch.observer/filing/0001289308-26-000009.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289308/000128930826000009/0001289308-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289308/000128930826000009/ens-20260325.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"On March 25, 2026, EnerSys announced a plan to close its facility in Tijuana, Mexico, which focused on manufacturing lead acid batteries. EnerSys expects to incur a pre-tax charge of approximately $37 million under this restructuring plan when completed, the majority of which is expected to be incurred by the second half of fiscal year 2027, of which $14 million is expected to be non-cash charges primarily from equipment write-offs. Cash charges of approximately $23 million, include severance and employee retention costs, environmental related expenses and equipment decommissioning, along with contractual releases and legal expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1289308/000128930826000009/0001289308-26-000009-index.htm"}},{"accession":"0001628280-26-020222","ticker":"GT","company_name":"GOODYEAR TIRE & RUBBER CO /OH/","filed_at":"2026-03-20T23:59:59+00:00","headline":"Goodyear approves EMEA rationalization plan; net reduction of ~400 positions, $100M-$110M pre-tax charges","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-020222","json":"https://secwatch.observer/filing/0001628280-26-020222.json","markdown":"https://secwatch.observer/filing/0001628280-26-020222.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/42582/000162828026020222/0001628280-26-020222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42582/000162828026020222/gt-20260316.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"the rationalization plan remain subject to consultation with employee representative bodies. The total pre-tax charges associated with these actions are expected to be between $100 million and $110 million, of which $75 million to $85 million are expected to be rationalization charges primarily for associate-related and other exit costs. Total cash outflows for","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/42582/000162828026020222/0001628280-26-020222-index.htm"}},{"accession":"0000320187-26-000017","ticker":"NKE","company_name":"NIKE, Inc.","filed_at":"2026-03-05T23:59:59+00:00","headline":"Nike approves $300M restructuring plan with Q3 FY2026 charge","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000320187-26-000017","json":"https://secwatch.observer/filing/0000320187-26-000017.json","markdown":"https://secwatch.observer/filing/0000320187-26-000017.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/320187/000032018726000017/0000320187-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/320187/000032018726000017/nke-20260227.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"On February 27, the Company’s management approved a plan to implement certain organizational changes, which together with previously approved actions, are expected to result in pre-tax charges of approximately $300 million for the nine months ended February 28, 2026, primarily associated with employee severance costs","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/320187/000032018726000017/0000320187-26-000017-index.htm"}},{"accession":"0001506293-26-000009","ticker":"PINS","company_name":"PINTEREST, INC.","filed_at":"2026-01-27T23:59:59+00:00","headline":"Pinterest announces restructuring plan affecting <15% of workforce; expects $35-45M in charges","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001506293-26-000009","json":"https://secwatch.observer/filing/0001506293-26-000009.json","markdown":"https://secwatch.observer/filing/0001506293-26-000009.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000009/0001506293-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000009/pins-20260122.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm","comparable_excerpt":"to affect less than 15% of the Company’s workforce as well as office space reductions. The Company anticipates incurring total pre-tax restructuring charges of approximately $35 million to $45 million, which are expected to be primarily cash-related expenditures. The Company intends to exclude the restructuring charges from its non-GAAP financial measures,","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000009/0001506293-26-000009-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}