Form 4: E2open CEO Andrew Appel Reports Stock Transactions

E2open's CEO, Andrew Appel, reported the vesting of restricted stock units and subsequent stock transactions on March 1, 2024.

Summary

• On March 1, 2024, Andrew Appel, CEO of E2open Parent Holdings, Inc., reported transactions involving Class A Common Stock.
• These transactions included the vesting of 5,377 restricted stock units (RSUs) and the disposition of 2,643 shares to cover tax obligations at a price of $4.31 per share.
• Following these transactions, Appel directly owns 277,835 shares of Class A Common Stock and 10,753 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.

Future Outlook

The remaining 2/3s of the RSUs will vest on March 1, 2025, and 2026 subject to continued employment with E2open.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. This provides transparency to the market.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates