Form 4: E2open CEO Andrew Appel Reports Stock Transactions
SEC Form 4 Filing
Andrew Appel, CEO of E2open Parent Holdings, Inc., reports the vesting and subsequent disposal of Class A Common Stock to cover tax obligations.
Summary
- Andrew Appel, CEO of E2open Parent Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, 5,376 shares of Class A Common Stock were acquired through the vesting of restricted stock units (RSUs).
- Also on March 3, 2025, 5,376 shares were disposed of to cover tax obligations related to the RSU vesting.
- Additionally, 2,382 shares were disposed of at a price of $2.29 to cover tax obligations.
- Following these transactions, Appel directly owns 668,645 shares of Class A Common Stock.
- Appel also directly owns 5,377 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The remaining 1/3 of the RSUs will vest on March 1, 2026, subject to continued employment with E2open.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the CEO's holdings and transactions in the company's stock.
Stakeholder Impact
- Shareholders are informed about the CEO's stock transactions, providing transparency into executive compensation and alignment with company performance.
Next Steps
- Remaining RSUs will vest on March 1, 2026, subject to continued employment.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of earliest transaction: vesting of RSUs and disposal of shares for tax obligations. |
| 03/05/2025 | Date of signature of the Form 4 filing. |
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