Form 4: E2open Director Timothy Maudlin Receives Annual Restricted Stock Unit Award

Director Timothy Maudlin received an annual award of 42,089 restricted stock units (RSUs) of E2open Parent Holdings, Inc. on May 1, 2024, which will fully vest on May 1, 2025, contingent upon continued service.

Summary

• On May 1, 2024, Timothy Maudlin, a director of E2open Parent Holdings, Inc., was granted 42,089 restricted stock units (RSUs) as part of the company's annual award to non-employee directors.
• These RSUs will vest on May 1, 2025, provided that Mr. Maudlin 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 the director.
• Following this transaction, Mr. Maudlin directly owns 117,646 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.
• The vesting period of one year encourages long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting of the RSUs.

Industry Context

The granting of stock-based compensation to directors is a common practice in publicly traded companies to align their interests with those of shareholders and incentivize long-term value creation. The specific amount and vesting schedule can vary based on company size, industry, and individual performance.

Comparison to Industry Standards

• Stock awards for board members are common practice.
• The amount of the award is within the normal range for a company of this size.
• The one year vesting period is standard.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the board.

Key Dates