Form 4: E2open Director Stephen Daffron Receives Annual Award of Restricted Stock Units

Director Stephen C. Daffron receives an annual award of restricted stock units (RSUs) from E2open Parent Holdings, Inc.

Summary

• Stephen C. Daffron, a director at E2open Parent Holdings, Inc., received an annual award of 111,112 restricted stock units (RSUs) on May 1, 2025.
• These RSUs will fully vest on May 1, 2026, contingent upon Mr. Daffron's continued service as a director.
• Each RSU represents the right to receive one share of E2open's Class A Common Stock upon settlement.
• Mr. Daffron also elected to receive the cash component of his director pay in equity in lieu of cash.
• Following the transaction, Mr. Daffron beneficially owns 256,491 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. The director's decision to take equity in lieu of cash is a positive signal.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting period encourages continued service and commitment from the director.
• The election to receive director pay in 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.

Management Comments

• Mr. Daffron elected to receive the cash component of director pay in equity in lieu of cash.

Industry Context

Equity compensation is a common practice for directors to align their interests with shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Granting RSUs to non-employee directors is a standard practice among publicly traded companies.
• The vesting period of one year is fairly typical for such grants.
• Comparable companies like Coupa Software or Manhattan Associates also utilize equity-based compensation for their board members.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
• Employees may view the equity compensation as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

E2open, Director, RSU, Restricted Stock Units, Stephen Daffron, Equity, Class A Common Stock, Beneficial Ownership