Form 4: E2open Director Ryan Hinkle Receives Annual Equity Award

Director Ryan Hinkle receives 60,127 Class A Common Stock restricted stock units (RSUs) as part of his annual award, vesting on May 1, 2025.

Summary

• Ryan Hinkle, a director of E2open Parent Holdings, Inc., received an annual award of 60,127 restricted stock units (RSUs) on May 1, 2024.
• These RSUs will fully vest on May 1, 2025, contingent upon Mr. Hinkle's continued service to the company.
• For fiscal year 2025, Mr. Hinkle elected to receive all cash payments in the form of equity, which was combined with the annual grant included herein.
• Each RSU represents the right to receive one share of E2open's Class A Common Stock upon settlement at no cost.
• Following the transaction, Mr. Hinkle directly owns 141,313 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard equity grant to a director, indicating a positive alignment of interests. The director's election to receive all cash payments in the form of equity is a positive sign.

Positives

• The equity grant aligns Mr. Hinkle's interests with those of the shareholders.
• The vesting schedule encourages continued service and commitment to E2open.
• Mr. Hinkle's election to receive all cash payments in the form of equity demonstrates confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting of the RSUs on May 1, 2025, contingent upon continued service.

Management Comments

• For fiscal year 2025, Mr. Hinkle elected to receive all cash payments in the form of equity, which was combined with the annual grant included herein.

Industry Context

Equity grants to directors are a common practice to align their interests with those of shareholders and incentivize long-term value creation. The size and structure of the grant are typical for non-employee directors.

Comparison to Industry Standards

• Equity compensation for board members varies widely across the software and technology industry, depending on company size, performance, and board structure.
• Companies like Salesforce, Oracle, and SAP also utilize equity grants as part of their director compensation packages.
• The vesting schedule of one year is fairly standard, aligning with typical board service terms.

Stakeholder Impact

• The equity grant aligns the director's interests with those of shareholders, incentivizing value creation.
• Employees may view the equity grant as a positive sign of the company's commitment to its leadership.

Key Dates