Form 4: E2open Director Sells Shares Post-Merger

E2open Director Timothy Maudlin disposed of all his Class A Common Stock and various units following the company's merger with WiseTech Global for $3.30 per share.

Summary

• Timothy I. Maudlin, a Director of E2open Parent Holdings, Inc. (ETWO), disposed of all his beneficial ownership in the company's securities.
• The disposal occurred on August 3, 2025, as a result of the merger between E2open Parent Holdings, Inc. and WiseTech Global Limited.
• Under the merger agreement, each share of Class A Common Stock, Restricted Stock Unit, Series 2 Restricted Common Unit, and Common Unit was converted into the right to receive $3.30 in cash.
• Maudlin disposed of 117,646 shares of Class A Common Stock, 117,522 Restricted Stock Units, 6,376 Series 2 Restricted Common Units, and 75,013 Common Units held directly.
• An additional 90,000 Common Units were disposed of indirectly through the Timothy I. Maudlin 2021 Family Trust, for which his spouse is trustee.

Sentiment

Score: 5

Explanation: The filing is a factual report of a completed transaction (disposal of shares due to a merger) and does not inherently convey positive or negative sentiment about the company's ongoing operations or future prospects, as E2open is now a subsidiary.

Future Outlook

The filing does not contain forward-looking statements or guidance, as it reports a completed transaction related to a merger.

Industry Context

This filing reflects the finalization of the acquisition of E2open Parent Holdings, Inc. by WiseTech Global Limited, indicating a consolidation within the supply chain software and logistics technology sector. Such mergers typically aim to expand market share, integrate technologies, and achieve synergies.

Comparison to Industry Standards

• The per-share price of $3.30 represents the agreed-upon valuation for E2open's equity in the context of its acquisition by WiseTech Global. Without specific details on E2open's prior market valuation, financial performance leading up to the merger, or comparable acquisition multiples for similar supply chain software companies at the time of the merger agreement (May 25, 2025), a direct assessment against industry standards is limited. However, the fixed cash price indicates a definitive valuation agreed upon by both parties.

Related Party Transactions

• 90,000 Common Units were held indirectly by the Timothy I. Maudlin 2021 Family Trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of this trust.

Stakeholder Impact

• Shareholders of E2open Parent Holdings, Inc. received $3.30 per share/unit in cash, indicating a final liquidity event for their investment in the company's public shares.
• The merger signifies a change in ownership and corporate structure for E2open, now operating as a wholly-owned subsidiary of WiseTech Global Limited.

Key Dates

Keywords

E2open, ETWO, WiseTech Global, Merger, Director, Share Disposal, SEC Form 4, Beneficial Ownership, Cash Conversion