Form 4: E2open Parent Holdings Executive Jennifer Grafton Reports Stock Transactions
SEC Form 4 Filing
Jennifer Grafton, General Counsel and Secretary of E2open Parent Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2024, Jennifer Grafton, General Counsel and Secretary of E2open Parent Holdings, had 13,441 restricted stock units (RSUs) vest, which converted into Class A Common Stock.
- Following the vesting, 6,325 shares were disposed of to cover tax obligations at a price of $4.31 per share.
- After these transactions, Grafton directly owns 11,590 shares of Class A Common Stock and 26,882 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an insider, neither particularly positive nor negative.
Future Outlook
The remaining 2/3s of the RSUs will vest on March 1, 2025, and 2026 subject to continued employment with E2open.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/01/2025 | Next vesting date for remaining restricted stock units (1/3). |
| 03/01/2026 | Final vesting date for remaining restricted stock units (1/3). |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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