Form 4: E2open Parent Holdings CEO Andrew Appel Reports Stock Transactions

CEO Andrew Appel reports the acquisition and disposal of E2open Parent Holdings, Inc. Class A Common Stock and Restricted Stock Units on February 12, 2025.

Summary

• Andrew Appel, CEO of E2open Parent Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 12, 2025, Appel engaged in multiple transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• These transactions included the acquisition of shares through the vesting of RSUs and the disposal of shares to cover tax obligations.
• Specifically, 125,000, 500,000 and 285,715 RSUs vested, resulting in the acquisition of corresponding shares of Class A Common Stock.
• Simultaneously, shares were disposed of to satisfy tax withholding requirements at a price of $2.79 per share.
• Following these transactions, Appel directly owns 665,651 shares of Class A Common Stock and 0 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Future Outlook

The remaining two thirds of the RSUs will vest on a quarterly basis over the next two years subject to continued employment or other service with the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
• Employees holding RSUs may be impacted by the vesting schedule and stock price performance.

Key Dates