Form 4: Emerald Holding Director Lisa Klinger Receives Restricted Stock Units

Director Lisa Klinger receives 24,213 restricted stock units of Emerald Holding, Inc. which vest on February 26, 2026, subject to continued service.

Summary

• Lisa Klinger, a director at Emerald Holding, Inc., was granted 24,213 restricted stock units on February 26, 2025.
• These restricted stock units will vest on February 26, 2026, contingent upon Klinger's continued service on the board.
• Upon vesting, the restricted stock units will be settled in shares of common stock within 15 days.
• In the event of a Change in Control and Klinger's relief of service prior to the vesting date, all unvested restricted stock units will become fully vested.

Sentiment

Score: 7

Explanation: The document indicates a standard compensation practice, suggesting stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service on the board of directors.

Risks

• The value of the restricted stock units is dependent on the future performance of Emerald Holding, Inc.'s common stock.
• The vesting is contingent upon continued service, so a departure from the board before the vesting date would result in forfeiture of the unvested units.

Future Outlook

The restricted stock units are subject to vesting conditions and will be settled in shares of common stock upon vesting.

Industry Context

Granting restricted stock units to directors is a common practice to align their interests with those of the shareholders and incentivize long-term value creation.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units as a positive sign, aligning the director's interests with their own.
• Employees may see this as a sign of stability and commitment from the company's leadership.

Key Dates