Emerald Holding, Inc. (EEX) director exits 130,609 shares in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Emerald Holding, Inc. completed a merger in which director Emmanuelle Skala disposed of 130,609 shares of common stock in a disposition to the issuer. The shares, including 23,255 RSUs, were cancelled and converted into the right to receive $5.03 in cash per share, leaving her with no reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skala Emmanuelle
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 130,609 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated May 9, 2026, by and among the Issuer, Emma Buyer, LLC, a Delaware limited liability company ("Parent"), and Emma Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub"), on July 14, 2026 (the "Effective Date"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly-owned subsidiary of Parent. In connection with the Merger, these shares were cancelled and converted into the right to receive $5.03 in cash, without interest, per share, subject to the terms and conditions of the Merger Agreement (the "Merger Consideration"). Includes 23,255 restricted stock units ("RSUs") subject to time-based vesting requirements. Pursuant to the Merger Agreement, as of the Effective Time, these RSUs automatically became fully vested and were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the total number of shares of Common Stock subject to the RSUs multiplied by (ii) the Merger Consideration, without interest and subject to any applicable tax withholding.
Key Figures
Shares disposed: 130,609 shares
Merger cash price: $5.03 per share
RSUs vested and converted: 23,255 RSUs
+1 more
4 metrics
Shares disposed
130,609 shares
Common stock disposed of by director Emmanuelle Skala in issuer disposition
Merger cash price
$5.03 per share
Cash consideration per share of common stock in merger
RSUs vested and converted
23,255 RSUs
Time-based RSUs that vested and were converted to cash at merger price
Post-transaction holdings
0 shares
Common stock reported as beneficially owned by Emmanuelle Skala after transaction
Key Terms
Agreement and Plan of Merger, Merger Consideration, restricted stock units, time-based vesting requirements
4 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger dated May 9, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Consideration financial
"converted into the right to receive $5.03 in cash per share, the Merger Consideration"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock units financial
"Includes 23,255 restricted stock units ("RSUs") subject to time-based vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based vesting requirements financial
"RSUs subject to time-based vesting requirements"
Time-based vesting requirements are rules that grant an employee the right to stock, options or other equity only after they work for the company for a set period or reach specific time checkpoints, like earning a reward after paying installments. For investors this matters because it spreads out when new shares can be claimed and sold, affecting future dilution, employee retention, and the timing of potential selling pressure on the stock.
FAQ
What insider transaction did Emmanuelle Skala report for Emerald Holding (EEX)?
Emmanuelle Skala reported a disposition to the issuer of 130,609 shares of Emerald Holding common stock. The transaction occurred as part of a merger in which her equity was cancelled and converted into the right to receive cash consideration.
How many Emerald Holding (EEX) RSUs did Emmanuelle Skala hold and what happened to them?
She held 23,255 restricted stock units (RSUs) subject to time-based vesting. At the merger’s effective time, these RSUs became fully vested and were cancelled and converted into cash equal to the RSUs multiplied by the $5.03 Merger Consideration.
What corporate event triggered the insider disposition at Emerald Holding (EEX)?
The disposition was triggered by a merger under an Agreement and Plan of Merger among Emerald Holding, Emma Buyer, LLC, and Emma Merger Sub, Inc. On July 14, 2026, Merger Sub merged into Emerald Holding, which became a wholly owned subsidiary of Emma Buyer.