Form 4: E2open Director Eva F. Harris Receives Annual Restricted Stock Unit Award

Director Eva F. Harris received an annual award of 74,787 restricted stock units (RSUs) of E2open Parent Holdings, Inc. on May 1, 2025, which will fully vest on May 1, 2026, contingent upon continued service.

Summary

• On May 1, 2025, Eva F. Harris, a director of E2open Parent Holdings, Inc., was granted 74,787 restricted stock units (RSUs) as part of the annual award for non-employee directors.
• These RSUs will vest on May 1, 2026, provided that Ms. Harris continues to serve as a director until that date.
• Each RSU represents the right to receive one share of E2open's Class A Common Stock upon vesting, at no cost to Ms. Harris.
• Following this transaction, Ms. Harris directly owns 220,603 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine grant of stock-based compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no indications of negative news or concerns.

Positives

• The grant of RSUs to a director aligns her interests with those of the shareholders, incentivizing her to work towards the company's success.
• The vesting period of one year encourages continued service and commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting of the RSUs on May 1, 2026, contingent upon continued service.

Industry Context

Granting stock-based compensation to directors is a common practice to align their interests with those of shareholders and incentivize long-term value creation. The size of the grant and vesting schedule are typical for director compensation packages in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash retainers, meeting fees, and equity awards.
• Equity awards, such as RSUs, are designed to align director interests with shareholder value.
• The size of the RSU grant is likely benchmarked against peer companies in the software and technology sectors to ensure competitive compensation for board members.
• Companies like Salesforce, Oracle, and SAP also utilize similar equity-based compensation for their directors.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with shareholder value.
• Employees: The grant reinforces the company's commitment to incentivizing key personnel.

Key Dates

Keywords

E2open, Director, Eva F. Harris, Restricted Stock Units, RSUs, Class A Common Stock, Beneficial Ownership, Form 4, SEC