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

Rhea-AI Filing Summary

Form 4 reports that Director Chinh Chu disposed of all E2open Parent Holdings (ETWO) equity on 08/03/2025 as part of the cash merger with WiseTech Global. The filing shows:

• Common stock: 170,162 shares held directly, 17,912 through CC Capital Holdings LP and 8,603,302 through CC NB Sponsor 1 Holdings LLC were cancelled.
• Equity awards: 155,983 RSUs and 5,140,000 warrants were also cancelled.
• Cash consideration: Every cancelled security was converted into the right to receive $3.30 per share in cash, no interest.
• Post-transaction ownership: 0 shares or derivatives remain.

The transactions were automatic, triggered by the Agreement and Plan of Merger dated 05/25/2025 in which ETWO became a wholly owned WiseTech subsidiary. The Form 4 therefore confirms deal closing and the exit of a key insider, eliminating an 8.8 million-share overhang.

Positive

• Merger consummation: Filing evidences the closing of WiseTech’s acquisition, providing cash certainty at $3.30 per share.
• Overhang removed: Disposition of 8.8 M sponsor shares eradicates a potential supply glut.

Negative

• No continuing insider stake: Director exits entirely, reducing legacy management alignment with future operations.
• Limited upside: Cash-out at $3.30 caps any further equity appreciation for former shareholders.

Insights

M&A Specialist

TL;DR: Filing confirms WiseTech-ETWO merger closed; insider’s 8.8 M shares cashed out at $3.30, removing large sponsor stake.

The automatic disposition of every class of security—common, RSUs and warrants—demonstrates final settlement of the merger. The sponsor’s sizable 8.6 M-share block had represented ~3% of ETWO’s pre-deal float; its elimination reduces potential sell-side pressure post-acquisition. The $3.30 cash price matches the merger agreement, implying no price revision. Investors holding warrants have a 30-day window to exercise, albeit at an adjusted warrant price. Overall, the event is impactful because it marks legal completion of the acquisition and clarifies payout mechanics for residual instruments.

Corporate Governance Analyst

TL;DR: Director Chu no longer holds ETWO; governance oversight shifts entirely to WiseTech.

Chu’s zero post-merger stake confirms full rollover into cash, ending his alignment with the business. From a governance perspective, ETWO’s board will dissolve into WiseTech’s structure, so legacy minority-shareholder protections cease. The Form 4 also documents appropriate Section 16 compliance, signalling orderly transition. Impact is positive for deal certainty but neutral for ongoing public-equity investors, as ETWO equity is effectively retired.

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^*

Daffron Stephen C.

(Last) (First) (Middle)

14135 MIDWAY ROAD,

SUITE G300

(Street)

ADDISON TX 75011

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		145,379	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)	08/03/2025		D			111,112(3)	(1)(2)(3)	(1)(2)(3)	Class A Common Stock	(3)	(3)	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 together with the Company Merger, the "Mergers"),

2. (Continued from footnote 1) 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 restricted stock unit of the Company was, at the Effective Time, automatically cancelled and converted into the right to receive an amount in cash equal to the product of (i) the Per Share Price and (ii) the total number of shares of Class A Common Stock subject to each such restricted stock unit as of immediately prior to the Effective Time.

	/s/ Stephen Daffron	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 Director Chinh Chu report in the Form 4?

He disposed of all ETWO common shares, RSUs and warrants, receiving $3.30 per share in cash under the merger agreement.

How many ETWO shares were cancelled in total?

Approximately 8.79 million Class A shares were cancelled (direct and indirect holdings combined).

What happened to ETWO warrants held by the insider?

5,140,000 warrants converted to a right to receive cash at the $3.30 per-share equivalent, subject to warrant-agreement terms.

Does the insider own any ETWO shares after the transaction?

No. Post-merger, the reporting person shows 0 beneficially owned shares or derivatives.

Why was the transaction price set at $3.30?

The price is fixed by the Agreement and Plan of Merger between E2open and WiseTech signed on 05/25/2025.