Form 4: SolarWinds Director Sundaram Easwaran Disposes of Shares in Merger

Director Sundaram Easwaran reports the disposal of SolarWinds shares due to the merger with Starlight Parent, LLC, at a price of $18.50 per share.

Summary

• Easwaran Sundaram, a director of SolarWinds Corp, reported changes in beneficial ownership of the company's stock.
• On April 16, 2025, Sundaram disposed of 21,825 shares of SolarWinds common stock.
• The disposal was a result of the merger between SolarWinds and Starlight Parent, LLC.
• Each share was converted into the right to receive $18.50 in cash.
• The merger agreement was dated February 7, 2025.
• Starlight Merger Sub, Inc. merged with SolarWinds, with SolarWinds surviving as a wholly-owned subsidiary of Parent.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports a transaction resulting from a previously announced merger.

Future Outlook

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

Industry Context

This announcement reflects a completed acquisition, a common event in the technology sector as companies seek growth and market consolidation.

Stakeholder Impact

• Shareholders received $18.50 per share as a result of the merger.

Key Dates

Keywords

SolarWinds, Merger, Director, Share Disposal, Beneficial Ownership, Form 4, Easwaran Sundaram, Starlight Parent, Acquisition