STOCK TITAN

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

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

Form 4 highlights: On 08/03/2025 Chief Product & Technology Officer Rachit Lohani reported the automatic disposition of 2,022,060 restricted stock units (RSUs) tied to E2open Parent Holdings (ETWO). The filing is triggered by the closing of the previously announced merger in which WiseTech Global Limited acquired ETWO for $3.30 cash per share.

At the merger’s effective time, every ETWO Class A share and all outstanding RSUs were cancelled and converted into WiseTech ordinary-share RSUs, based on a currency-adjusted exchange ratio derived from a ten-day AUD/USD rate and WiseTech’s VWAP. Fractional WiseTech shares were rounded down. Following the conversion, Lohani reports 0 ETWO derivative securities and no direct or indirect ETWO ownership, indicating full exit from the legacy share base.

The document confirms completion mechanics of the transaction for an executive insider, but contains no new operating or earnings data.

Punti salienti del Modulo 4: L'08/03/2025 il Chief Product & Technology Officer Rachit Lohani ha segnalato la disposizione automatica di 2.022.060 unità di azioni vincolate (RSU) legate a E2open Parent Holdings (ETWO). La comunicazione è stata attivata dalla chiusura della fusione precedentemente annunciata, in cui WiseTech Global Limited ha acquisito ETWO per 3,30 $ in contanti per azione.

Al momento dell'efficacia della fusione, ogni azione ETWO Classe A e tutte le RSU in circolazione sono state cancellate e convertite in RSU di azioni ordinarie WiseTech, basandosi su un rapporto di cambio aggiustato per valuta, calcolato tramite la media del tasso AUD/USD degli ultimi dieci giorni e il VWAP di WiseTech. Le azioni frazionarie WiseTech sono state arrotondate per difetto. Dopo la conversione, Lohani dichiara di non possedere strumenti derivati ETWO né alcuna partecipazione diretta o indiretta in ETWO, indicando l'uscita completa dalla base azionaria precedente.

Il documento conferma le modalità di completamento della transazione per un dirigente interno, ma non contiene nuovi dati operativi o di utili.

Aspectos destacados del Formulario 4: El 08/03/2025, el Director de Producto y Tecnología, Rachit Lohani, reportó la disposición automática de 2.022.060 unidades restringidas de acciones (RSU) vinculadas a E2open Parent Holdings (ETWO). La presentación se activó con el cierre de la fusión previamente anunciada, en la que WiseTech Global Limited adquirió ETWO por 3,30 $ en efectivo por acción.

En el momento efectivo de la fusión, cada acción Clase A de ETWO y todas las RSU en circulación fueron canceladas y convertidas en RSU de acciones ordinarias de WiseTech, basándose en una tasa de cambio ajustada por moneda derivada del promedio del tipo AUD/USD de diez días y el VWAP de WiseTech. Las acciones fraccionarias de WiseTech se redondearon hacia abajo. Tras la conversión, Lohani reporta 0 valores derivados de ETWO y ninguna propiedad directa o indirecta de ETWO, indicando la salida completa de la base accionaria anterior.

El documento confirma los mecanismos de finalización de la transacción para un ejecutivo interno, pero no contiene nuevos datos operativos o de ganancias.

Form 4 주요 내용: 2025년 3월 8일, 최고제품기술책임자(Chief Product & Technology Officer) 라치트 로하니(Rachit Lohani)가 E2open Parent Holdings(ETWO)와 관련된 2,022,060개의 제한 주식 단위(RSU)의 자동 처분을 보고했습니다. 이 보고는 WiseTech Global Limited가 ETWO를 주당 현금 3.30달러에 인수한 이전에 발표된 합병 마감에 의해 촉발되었습니다.

합병 효력 발생 시점에 모든 ETWO 클래스 A 주식과 미결제 RSU는 취소되고, 10일간 AUD/USD 환율 평균과 WiseTech의 VWAP를 기반으로 한 환율 조정 교환 비율에 따라 WiseTech 보통주 RSU로 전환되었습니다. WiseTech 주식의 소수점 단위는 내림 처리되었습니다. 전환 후 로하니는 ETWO 파생 증권 0개와 ETWO에 대한 직접 또는 간접 소유권이 없음을 보고하여 기존 주식 기반에서 완전한 이탈을 나타냅니다.

이 문서는 임원 내부자의 거래 완료 절차를 확인하지만, 새로운 운영 또는 수익 데이터는 포함하지 않습니다.

Points clés du Formulaire 4 : Le 08/03/2025, le Directeur Produit & Technologie Rachit Lohani a déclaré la disposition automatique de 2 022 060 unités d’actions restreintes (RSU) liées à E2open Parent Holdings (ETWO). Ce dépôt a été déclenché par la clôture de la fusion précédemment annoncée, dans laquelle WiseTech Global Limited a acquis ETWO pour 3,30 $ en espèces par action.

Au moment de l’entrée en vigueur de la fusion, chaque action de classe A ETWO et toutes les RSU en circulation ont été annulées et converties en RSU d’actions ordinaires WiseTech, sur la base d’un taux de change ajusté en fonction de la devise, calculé à partir d’un taux AUD/USD moyen sur dix jours et du VWAP de WiseTech. Les fractions d’actions WiseTech ont été arrondies à l’inférieur. Après conversion, Lohani déclare 0 titres dérivés ETWO et aucune détention directe ou indirecte d’ETWO, indiquant une sortie complète de la base d’actions d’origine.

Le document confirme les modalités de finalisation de la transaction pour un initié exécutif, mais ne contient aucune nouvelle donnée opérationnelle ou de résultats.

Formular 4 Highlights: Am 08.03.2025 meldete der Chief Product & Technology Officer Rachit Lohani die automatische Veräußerung von 2.022.060 Restricted Stock Units (RSUs), die an E2open Parent Holdings (ETWO) gebunden sind. Die Meldung wurde durch den Abschluss der zuvor angekündigten Fusion ausgelöst, bei der WiseTech Global Limited ETWO für 3,30 $ in bar pro Aktie übernommen hat.

Zum Zeitpunkt des Wirksamwerdens der Fusion wurden alle ETWO Class A Aktien und alle ausstehenden RSUs storniert und in WiseTech Stammaktien-RSUs umgewandelt, basierend auf einem währungsbereinigten Umtauschverhältnis, das sich aus dem zehn Tage AUD/USD-Kurs und dem VWAP von WiseTech ableitet. Bruchstücke von WiseTech-Aktien wurden abgerundet. Nach der Umwandlung meldet Lohani 0 ETWO-Derivate und keinen direkten oder indirekten Besitz von ETWO, was auf einen vollständigen Ausstieg aus dem bisherigen Aktienbestand hinweist.

Das Dokument bestätigt die Abwicklungsmodalitäten der Transaktion für einen leitenden Insider, enthält jedoch keine neuen Betriebs- oder Gewinnzahlen.

Positive
  • Merger confirmation: Filing corroborates that the WiseTech acquisition closed at $3.30 per ETWO share, providing cash certainty for shareholders.
Negative
  • Zero insider alignment: After conversion, the executive holds no ETWO shares, eliminating ongoing insider ownership in the legacy entity.

Insights

TL;DR – Routine Form 4 confirms RSU rollover into WiseTech stock; no ETWO shares remain, neutral to valuation.

The filing is chiefly administrative: Lohani’s 2.02 M RSUs were cancelled at $3.30 and replaced with WiseTech RSUs. This mirrors terms already disclosed in the May 25 2025 merger agreement. Because the consideration and exchange formula are unchanged, the filing neither alters ETWO’s purchase price nor signals incremental information. Insider ownership in ETWO drops to zero, consistent with a cash-out transaction. Market impact is therefore minimal and largely priced in.

TL;DR – Filing evidences executive’s complete removal from ETWO equity, post-merger governance shifts to WiseTech.

With all ETWO equity converted, legacy insiders like Lohani now depend on WiseTech’s equity plans. Such clean-up filings are critical for closing the Section 16 record and demonstrate compliance with Rule 10b5-1. No red flags emerge; treatment of fractional shares and cash settlement aligns with standard cross-border merger practice. Governance oversight henceforth migrates to WiseTech’s Australian framework.

Punti salienti del Modulo 4: L'08/03/2025 il Chief Product & Technology Officer Rachit Lohani ha segnalato la disposizione automatica di 2.022.060 unità di azioni vincolate (RSU) legate a E2open Parent Holdings (ETWO). La comunicazione è stata attivata dalla chiusura della fusione precedentemente annunciata, in cui WiseTech Global Limited ha acquisito ETWO per 3,30 $ in contanti per azione.

Al momento dell'efficacia della fusione, ogni azione ETWO Classe A e tutte le RSU in circolazione sono state cancellate e convertite in RSU di azioni ordinarie WiseTech, basandosi su un rapporto di cambio aggiustato per valuta, calcolato tramite la media del tasso AUD/USD degli ultimi dieci giorni e il VWAP di WiseTech. Le azioni frazionarie WiseTech sono state arrotondate per difetto. Dopo la conversione, Lohani dichiara di non possedere strumenti derivati ETWO né alcuna partecipazione diretta o indiretta in ETWO, indicando l'uscita completa dalla base azionaria precedente.

Il documento conferma le modalità di completamento della transazione per un dirigente interno, ma non contiene nuovi dati operativi o di utili.

Aspectos destacados del Formulario 4: El 08/03/2025, el Director de Producto y Tecnología, Rachit Lohani, reportó la disposición automática de 2.022.060 unidades restringidas de acciones (RSU) vinculadas a E2open Parent Holdings (ETWO). La presentación se activó con el cierre de la fusión previamente anunciada, en la que WiseTech Global Limited adquirió ETWO por 3,30 $ en efectivo por acción.

En el momento efectivo de la fusión, cada acción Clase A de ETWO y todas las RSU en circulación fueron canceladas y convertidas en RSU de acciones ordinarias de WiseTech, basándose en una tasa de cambio ajustada por moneda derivada del promedio del tipo AUD/USD de diez días y el VWAP de WiseTech. Las acciones fraccionarias de WiseTech se redondearon hacia abajo. Tras la conversión, Lohani reporta 0 valores derivados de ETWO y ninguna propiedad directa o indirecta de ETWO, indicando la salida completa de la base accionaria anterior.

El documento confirma los mecanismos de finalización de la transacción para un ejecutivo interno, pero no contiene nuevos datos operativos o de ganancias.

Form 4 주요 내용: 2025년 3월 8일, 최고제품기술책임자(Chief Product & Technology Officer) 라치트 로하니(Rachit Lohani)가 E2open Parent Holdings(ETWO)와 관련된 2,022,060개의 제한 주식 단위(RSU)의 자동 처분을 보고했습니다. 이 보고는 WiseTech Global Limited가 ETWO를 주당 현금 3.30달러에 인수한 이전에 발표된 합병 마감에 의해 촉발되었습니다.

합병 효력 발생 시점에 모든 ETWO 클래스 A 주식과 미결제 RSU는 취소되고, 10일간 AUD/USD 환율 평균과 WiseTech의 VWAP를 기반으로 한 환율 조정 교환 비율에 따라 WiseTech 보통주 RSU로 전환되었습니다. WiseTech 주식의 소수점 단위는 내림 처리되었습니다. 전환 후 로하니는 ETWO 파생 증권 0개와 ETWO에 대한 직접 또는 간접 소유권이 없음을 보고하여 기존 주식 기반에서 완전한 이탈을 나타냅니다.

이 문서는 임원 내부자의 거래 완료 절차를 확인하지만, 새로운 운영 또는 수익 데이터는 포함하지 않습니다.

Points clés du Formulaire 4 : Le 08/03/2025, le Directeur Produit & Technologie Rachit Lohani a déclaré la disposition automatique de 2 022 060 unités d’actions restreintes (RSU) liées à E2open Parent Holdings (ETWO). Ce dépôt a été déclenché par la clôture de la fusion précédemment annoncée, dans laquelle WiseTech Global Limited a acquis ETWO pour 3,30 $ en espèces par action.

Au moment de l’entrée en vigueur de la fusion, chaque action de classe A ETWO et toutes les RSU en circulation ont été annulées et converties en RSU d’actions ordinaires WiseTech, sur la base d’un taux de change ajusté en fonction de la devise, calculé à partir d’un taux AUD/USD moyen sur dix jours et du VWAP de WiseTech. Les fractions d’actions WiseTech ont été arrondies à l’inférieur. Après conversion, Lohani déclare 0 titres dérivés ETWO et aucune détention directe ou indirecte d’ETWO, indiquant une sortie complète de la base d’actions d’origine.

Le document confirme les modalités de finalisation de la transaction pour un initié exécutif, mais ne contient aucune nouvelle donnée opérationnelle ou de résultats.

Formular 4 Highlights: Am 08.03.2025 meldete der Chief Product & Technology Officer Rachit Lohani die automatische Veräußerung von 2.022.060 Restricted Stock Units (RSUs), die an E2open Parent Holdings (ETWO) gebunden sind. Die Meldung wurde durch den Abschluss der zuvor angekündigten Fusion ausgelöst, bei der WiseTech Global Limited ETWO für 3,30 $ in bar pro Aktie übernommen hat.

Zum Zeitpunkt des Wirksamwerdens der Fusion wurden alle ETWO Class A Aktien und alle ausstehenden RSUs storniert und in WiseTech Stammaktien-RSUs umgewandelt, basierend auf einem währungsbereinigten Umtauschverhältnis, das sich aus dem zehn Tage AUD/USD-Kurs und dem VWAP von WiseTech ableitet. Bruchstücke von WiseTech-Aktien wurden abgerundet. Nach der Umwandlung meldet Lohani 0 ETWO-Derivate und keinen direkten oder indirekten Besitz von ETWO, was auf einen vollständigen Ausstieg aus dem bisherigen Aktienbestand hinweist.

Das Dokument bestätigt die Abwicklungsmodalitäten der Transaktion für einen leitenden Insider, enthält jedoch keine neuen Betriebs- oder Gewinnzahlen.

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*
Lohani Rachit

(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)
See Remarks
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
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 (1)(2)(3)(4) 08/03/2025 D 2,022,060(3)(4) (1)(2)(3)(4) (1)(2)(3)(4) Class A Common Stock (3)(4) (3)(4) 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, 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,
2. (Continued from footnote 1) 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 (B) the number of shares of Class A Common Stock underlying such restricted stock unit,
4. (Continued from footnote 3) 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.
Remarks:
Chief Product and Technology Officer
/s/ Rachit Lohani 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

What did ETWO's Form 4 filed on 08/05/2025 disclose?

It showed Chief Product & Technology Officer Rachit Lohani disposed of 2,022,060 RSUs due to the WiseTech merger.

How many restricted stock units were affected?

A total of 2,022,060 ETWO RSUs were cancelled and exchanged.

What cash consideration was paid for ETWO shares in the merger?

Each share received $3.30 in cash, as stipulated in the merger agreement.

Does the executive still own ETWO shares after the transaction?

No. The filing reports 0 ETWO derivative or direct holdings post-merger.

How were the cancelled RSUs converted?

They became WiseTech Global ordinary-share RSUs using an AUD/USD exchange-rate and VWAP-based formula.
E2Open Parent Holdings Inc

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