Form 4: Logility Supply Chain Solutions Director Wu Yue Disposes of Shares in Merger

Director Wu Yue reports the disposal of common stock due to the merger of Logility Supply Chain Solutions, Inc. with Update Merger Sub, Inc., a subsidiary of Aptean, Inc.

Summary

• On April 4, 2025, Logility Supply Chain Solutions, Inc. merged with Update Merger Sub, Inc., a subsidiary of Aptean, Inc.
• As a result of the merger, each share of Logility's common stock was converted into the right to receive $14.30 in cash.
• Director Wu Yue reported the disposal of 23,710 shares of common stock due to this merger.
• Outstanding restricted stock units were also cancelled and converted into the right to receive $14.30 in cash per unit.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reports a completed merger transaction. The financial outcome for shareholders is defined, which reduces uncertainty.

Future Outlook

The document does not contain any specific forward-looking statements beyond the completion of the merger.

Industry Context

This announcement reflects ongoing consolidation trends within the supply chain solutions industry, where larger companies acquire smaller players to expand their market share and service offerings.

Stakeholder Impact

• Shareholders received $14.30 in cash for each share of common stock.
• Holders of restricted stock units also received $14.30 in cash per unit.

Key Dates

Keywords

Merger, Logility Supply Chain Solutions, Aptean, Wu Yue, Form 4, Beneficial Ownership, Shares, Stock, Acquisition