Form 4: E2open Executive Randolph Acquires Restricted Stock Units Following Performance Assessment

Gregory Randolph, Chief Commercial Officer of E2open Parent Holdings, Inc., reports the acquisition of 105,486 restricted stock units (RSUs) after a performance assessment on April 16, 2025.

Summary

• Gregory Randolph, Chief Commercial Officer of E2open Parent Holdings, Inc., filed a Form 4 on April 18, 2025.
• The filing reports a transaction that occurred on April 16, 2025, where Randolph acquired 105,486 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of E2open common stock each.
• The RSUs will vest one-third on May 1, 2025, and the remaining two-thirds will vest equally on each three-month anniversary thereafter for two years, with the final vesting date on May 1, 2027.
• The RSUs were initially granted on May 1, 2024, subject to achieving certain performance metrics.
• On April 16, 2025, the Compensation Committee determined that the performance metrics were not fully met, resulting in the issuance of a below-target number of RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. While the executive is receiving RSUs, the number is below target due to performance, which tempers any positive sentiment.

Positives

• The acquisition of RSUs aligns the executive's interests with the company's performance.

Negatives

• The number of RSUs granted was below target, indicating that performance metrics were not fully achieved.

Risks

• The vesting schedule is dependent on continued employment and may be impacted by changes in company policy or executive departure.

Future Outlook

The vesting of the RSUs is contingent upon continued service and the terms of the grant agreement.

Management Comments

• The Compensation Committee determined that performance of these metrics was less than target resulting in the issuance of a below-target number of restricted stock units.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The RSU grant aligns the executive's interests with shareholders, potentially driving long-term value creation.

Key Dates

Keywords

Form 4, E2open, Restricted Stock Units, RSU, Gregory Randolph, Executive Compensation, Beneficial Ownership