Form 4: E2open Director Timothy Maudlin Receives Annual Restricted Stock Units Award
SEC Form 4 Filing
Director Timothy Maudlin receives an annual award of restricted stock units (RSUs) from E2open Parent Holdings, Inc.
Summary
- Timothy Maudlin, a director of E2open Parent Holdings, Inc., received an annual award of 117,522 restricted stock units (RSUs) on May 1, 2025.
- These RSUs will fully vest on May 1, 2026, contingent upon Mr. Maudlin's continued service as a director.
- Each RSU represents the right to receive one share of E2open's Class A Common Stock upon settlement.
- Following the transaction, Mr. Maudlin beneficially owns 235,168 shares of Class A Common Stock directly.
- Mr. Maudlin has elected to take the cash component of director compensation in equity in lieu of cash.
Sentiment
Score: 7
Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. The director's choice to take equity over cash is a positive signal.
Positives
- The grant of RSUs to a director aligns their interests with those of the shareholders.
- Mr. Maudlin's decision to take equity in lieu of cash 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 contingent on continued service.
Management Comments
- Mr. Maudlin has elected to take the cash component of director compensation in equity in lieu of cash.
Industry Context
The granting of stock-based compensation to directors is a common practice to align their interests with those of shareholders and incentivize long-term value creation.
Comparison to Industry Standards
- Director compensation packages often include a mix of cash and equity.
- Companies like E2open use RSUs to incentivize directors to focus on long-term growth.
- The vesting schedule of one year is fairly standard for director RSU grants.
Stakeholder Impact
- The RSU grant aligns the director's interests with those of shareholders, potentially driving long-term value.
- The decision to take equity in lieu of cash signals confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the transaction: Grant of 117,522 restricted stock units (RSUs). |
| 05/01/2026 | Vesting date for the restricted stock units, contingent upon continued service. |
| 05/05/2025 | Date of the Form 4 filing. |
Keywords
E2open, Director Compensation, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Equity, Timothy Maudlin
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.