Form 4: E2open Executive Receives Stock Options and Restricted Stock Units

Susan E. Bennett, Chief Legal Officer of E2open Parent Holdings, Inc., was granted stock options and restricted stock units on January 7, 2025, as part of her compensation.

Summary

• Susan E. Bennett, Chief Legal Officer of E2open, received 164,836 stock options with an exercise price of $2.73 on January 7, 2025.
• These options vest over three years, with one-third vesting on the first anniversary and the remainder in equal installments every three months thereafter.
• She also received 78,539 restricted stock units (RSUs) on the same date, which vest in equal annual installments over four years.
• These RSUs were granted to correct an understatement in a previous grant from December 20, 2024.
• The total number of RSUs held by Ms. Bennett after this transaction is 885,179.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, which is generally viewed positively for aligning management and shareholder interests. There are no negative implications.

Positives

• The grant of stock options and RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.
• The correction of the previous RSU grant ensures accurate compensation.

Risks

• The value of the stock options and RSUs is dependent on the future performance of E2open's stock price.
• The vesting of the options and RSUs is contingent on continued employment.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This type of equity compensation is common practice for publicly traded companies to incentivize and retain key executives.

Comparison to Industry Standards

• Equity grants are a standard component of executive compensation packages in the technology sector, similar to companies like Salesforce, Oracle, and SAP.
• Vesting schedules of three to four years are typical for stock options and RSUs, aligning with industry norms for long-term incentives.
• The specific number of options and RSUs granted would be benchmarked against peer companies based on the executive's role and company performance.

Stakeholder Impact

• Shareholders may view the equity grants positively as they align executive interests with company performance.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

stock options, restricted stock units, RSU, executive compensation, vesting, E2open, ETWO, insider trading, form 4