STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

[Form 4] E2open Parent Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Event: Susan E. Bennett, Chief Legal Officer, filed a Form 4 reporting transactions dated 08/03/2025 in E2open Parent Holdings, Inc. (ETWO) arising from a Merger Agreement dated May 25, 2025 with WiseTech Global.

Key facts:

  • 86,550 Class A common shares were disposed; beneficial ownership of Class A shares is reported as 0 following the transaction.
  • 1,094,361 restricted stock units were cancelled and converted into Parent restricted stock units under the merger formula.
  • 164,836 options (exercise price $2.73) were cancelled and converted into the right to receive cash equal to the excess of the Per Share Price over the exercise price; the Per Share Price is $3.30.

Positive
  • Merger completed with explicit treatment of awards under the Merger Agreement
  • $3.30 per share cash consideration specified for cancelled Class A common stock
  • RSUs and options were converted under defined formulas, providing contractual clarity
Negative
  • Reporting person holds 0 Class A shares following the transaction, indicating full conversion/cancellation
  • Company became a wholly owned subsidiary of Parent, removing ETWO from independent public equity (per filing)

Insights

TL;DR Merger closed; insider holdings were cashed out or converted, producing a definitive liquidity outcome for ETWO equity.

The Form 4 documents a transaction date of 08/03/2025 tied to the Merger Agreement dated May 25, 2025. Public Class A shares owned by the reporting person were cancelled and converted into $3.30 per-share cash consideration. Reported equity awards were treated per merger terms: 1,094,361 RSUs converted into Parent restricted stock units using the stated exchange/VWAP formula with fractional rounding down; options (strike $2.73) were converted into cash equal to the excess of the Per Share Price over the exercise price multiplied by the number of option shares. This is a material liquidity event and alters public free float.

TL;DR Form 4 shows standard post-merger treatment: cancellation/conversion of equity awards and zero remaining Class A ownership by the insider.

The filing identifies Susan E. Bennett as the reporting person and Chief Legal Officer. It discloses that at the Effective Time the Company became a wholly owned subsidiary of Parent and outstanding Class A shares and derivative awards were cancelled or converted under the Merger Agreement. RSU conversion mechanics and option cash-conversion formula are explicitly stated, including rounding rules for fractional Parent shares. The disclosure is consistent with contractual merger consideration and required Section 16 reporting.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bennett Susan E

(Last) (First) (Middle)
14135 MIDWAY ROAD
SUITE G300

(Street)
ADDISON TX 75001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
E2open Parent Holdings, Inc. [ ETWO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/03/2025 D 86,550 D $3.3(1)(2) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (3)(4) 08/03/2025 D 1,094,361(3)(4) (1)(2)(3)(4) (1)(2)(3)(4) Class A Common Stock (3)(4) (3)(4) 0 D
Option $2.73 08/03/2025 D 164,836(5) 01/07/2025 01/07/2035 Class A Common Stock(5) 16,483 (5) 0 D
Explanation of Responses:
1. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated May 25, 2025, by and among E2open Parent Holdings, Inc., a Delaware corporation (the "Company"), E2open Holdings, LLC, a Delaware limited liability company ("Holdings"), WiseTech Global Limited, an Australian public company limited by shares ("Parent"), Emerald Parent Merger Sub Corp., a Delaware corporation and a wholly owned subsidiary of Parent ("Company Merger Sub") and Emerald Holdings Merger Sub LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent ("Holdings Merger Sub"), Company Merger Sub merged with and into the Company,
2. (Continued from footnote 1) with the Company surviving as a wholly owned subsidiary of Parent (such merger, the "Company Merger") and Holdings Merger Sub merged with and into Holdings, with Holdings surviving as wholly owned subsidiary of Parent (such merger, the "Holdings Merger" and, together with the Company Merger, the "Mergers"), and at the effective time of the Mergers (the "Effective Time") each issued and outstanding share of the Class A common stock of the Company, par value $0.0001 per share (the "Class A Common Stock") owned by the reporting person were previously reported and vested, were cancelled and converted into the right to receive $3.30 per share in cash without interest thereon (the "Per Share Price").
3. Pursuant to the Merger Agreement, each such restricted stock unit was at the Effective Time, automatically cancelled and converted into a Parent restricted stock unit award covering the number of Parent ordinary shares equal to the product of (A) the quotient obtained by dividing (a) the Per Share Price by (b) the product of (i) the average exchange rate for Australian dollars to U.S. dollars over the ten consecutive trading days ending with the complete trading day immediately before the closing date of the Company Merger ("Closing Date") and (ii) the volume weighted average trading price in Australian dollars for Parent's ordinary shares on the Australian Securities Exchange over the same ten consecutive trading days ending with the complete trading day immediately before the Closing Date and
4. (Continued from footnote 3) (B) the number of shares of Class A Common Stock underlying such restricted stock unit, with any resulting factional number of Parent ordinary shares rounded down to the next whole number and generally subject to the same terms and conditions, including vesting terms.
5. The reported options were, at the Effective Time, cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of Class A Common Stock subject to such options and (ii) the excess, of the Per Share Price over the exercise price per share of such options.
/s/ Susan Bennett 08/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed this Form 4 and what is their role at ETWO?

The reporting person is Susan E. Bennett, listed as the Chief Legal Officer of E2open Parent Holdings, Inc.

What transaction date is reported on the Form 4 for ETWO?

The earliest transaction date reported is 08/03/2025.

How many Class A shares were disposed and what was the per-share cash consideration?

86,550 Class A common shares were disposed; the Per Share Price specified in the filing is $3.30 per share in cash.

What happened to restricted stock units (RSUs) and options held by the reporting person?

The filing states 1,094,361 RSUs were cancelled and converted into Parent restricted stock units under a formula tied to AUD/USD and Parent VWAP; 164,836 options (strike $2.73) were cancelled and converted into the right to receive cash equal to the excess of the Per Share Price over the exercise price multiplied by the number of option shares.

Which agreement governed these transactions and when was it dated?

The transactions were governed by the Agreement and Plan of Merger dated May 25, 2025 among E2open Parent Holdings, Holdings, WiseTech Global Limited, and the merger subsidiaries.
E2Open Parent Holdings Inc

NYSE:ETWO

ETWO Rankings

ETWO Latest News

ETWO Latest SEC Filings

ETWO Stock Data

1.03B
252.37M
6.93%
88.93%
1.96%
Software - Application
Services-computer Processing & Data Preparation
Link
United States
ADDISON