Form 4: Emerald Holding Director Levin Receives Stock Award

Director David Saul Levin receives 24,213 shares of Emerald Holding stock as a restricted stock unit award.

Summary

• On February 26, 2025, David Saul Levin, a director of Emerald Holding, Inc., acquired 24,213 shares of common stock through a restricted stock unit award.
• The shares were awarded at a price of $0.
• Following the transaction, Levin directly owns 289,181 shares of Emerald Holding, Inc.
• The restricted stock units will vest on February 26, 2026, subject to continued service on the board of directors.
• Vested restricted stock units will be settled in shares of common stock no later than 15 days after the vesting date.
• In the event of a Change in Control and relief of service from the board of directors prior to the vesting date, all unvested restricted stock units will become fully vested.

Sentiment

Score: 7

Explanation: The document reflects a routine stock award, which is generally viewed positively as it aligns director interests with shareholder value. There are no indications of negative sentiment.

Positives

• The award of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting conditions incentivize continued service on the board of directors.

Future Outlook

The director's continued service on the board is tied to the vesting of the restricted stock units, suggesting a commitment to the company's future.

Industry Context

Stock awards are a common form of executive compensation used to align management's interests with those of shareholders.

Comparison to Industry Standards

• Stock awards are a typical component of compensation packages for directors in publicly traded companies like Emerald Holding, Inc.
• Companies such as Informa, RELX Group, and UBM (now part of Informa) also utilize equity-based compensation for their board members.
• The vesting schedules and change-in-control provisions are generally consistent with industry practices to retain key personnel and align their interests with shareholder value.

Stakeholder Impact

• Shareholders may view the stock award positively as it aligns the director's interests with the company's long-term success.
• The award incentivizes the director to remain on the board and contribute to the company's strategic direction.

Key Dates