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AI brief of an SEC Form 8-K · Manhattan Associates (MANH)

Manhattan Associates amends Eddie Capel's employment deal; base salary cut to $507,500

Neutral Impact 3 of 5 leadership Written later

Manhattan Associates amended the employment agreement of former CEO Eddie Capel, who is moving to Executive Vice-Chairman and expected to become Executive Chairman on or about May 13, 2025. The amendment reduces his base salary to $507,500 effective March 1, 2025, and removes his eligibility for the annual performance-based cash bonus and cash severance payments.

Key points

  • Base salary reduced to $507,500, effective March 1, 2025
  • Capel no longer eligible for the annual performance-based cash bonus plan or cash severance payments
  • Unvested RSUs continue to vest under their terms; Eric A. Clark became CEO effective February 12, 2025
  • Amended Agreement signed March 5, 2025 and effective February 12, 2025, except the salary change

The filing

CompanyManhattan Associates (MANH)
Form8-K, current report
Filed with the SECMar 6, 2025, 4:52 PM ET
Accession number0000950170-25-034838

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.