Form 4: E2open Parent Holdings Executive Deepa Kurian Reports Acquisition of Restricted Stock Units
SEC Form 4
Deepa Kurian, Chief Accounting Officer of E2open Parent Holdings, reports the acquisition of 21,098 restricted stock units (RSUs) on April 16, 2025, following the determination of performance metrics achievement.
Summary
- Deepa Kurian, Chief Accounting Officer of E2open Parent Holdings, filed a Form 4 on April 18, 2025.
- The report details the acquisition of 21,098 restricted stock units (RSUs) on April 16, 2025.
- These RSUs represent a contingent right to receive one share of E2open common stock each.
- The RSUs will vest in installments, starting with one-third on May 1, 2025, and the remaining two-thirds vesting equally every three months thereafter until May 1, 2027.
- The RSUs were initially granted on May 1, 2024, contingent upon achieving certain performance metrics.
- The Compensation Committee determined on April 16, 2025, that the performance metrics were below target, resulting in the issuance of a below-target number of RSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While an executive is receiving stock, the amount is less than expected due to performance, balancing positive and negative aspects.
Negatives
- The number of restricted stock units granted was below the initial target due to the company's performance metrics falling short.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation awarded to key personnel.
Stakeholder Impact
- Shareholders may view the below-target RSU issuance as reflective of the company's performance against its goals.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Initial grant date of the restricted stock units, subject to achieving certain preset performance metrics. |
| 04/16/2025 | Date of transaction and determination by the Compensation Committee that performance metrics were less than target, resulting in the issuance of a below-target number of restricted stock units. |
| 04/18/2025 | Date of Form 4 filing. |
| 05/01/2025 | First vesting date for one-third of the restricted stock units. |
| 05/01/2027 | Final vesting date for the remaining restricted stock units. |
Keywords
E2open Parent Holdings, Deepa Kurian, Restricted Stock Units, RSU, Form 4, Beneficial Ownership, ETWO, Compensation Committee, Vesting
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