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

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

Transaction: On 08/03/2025, Stephen C. Daffron, a director of E2open Parent Holdings, Inc. (ETWO), reported that his issued and outstanding 145,379 Class A common shares were cancelled and converted into the right to receive $3.30 per share in cash, leaving him with 0 Class A shares.

Compensation units: Additionally, 111,112 restricted stock units were automatically cancelled at the Effective Time and converted into cash equal to the per-share price. These actions arose under the Merger Agreement dated May 25, 2025, by which the company became a wholly owned subsidiary of WiseTech Global; the Form 4 was signed on 08/05/2025.

Positive
  • Merger closing provided liquidity: Class A shares and RSUs were converted into cash at a stated $3.30 per share.
  • Clear, documented counts: Filing specifies 145,379 shares and 111,112 RSUs, offering transparency on insider proceeds.
Negative
  • Insider ownership eliminated: Reporting person now holds 0 Class A shares post-transaction.
  • Company is now a wholly owned subsidiary of WiseTech Global, indicating loss of independent public float for ETWO shareholders.

Insights

TL;DR Director Daffron's holdings were cashed out at $3.30/share following the WiseTech merger; RSUs likewise converted to cash.

According to the Form 4, 145,379 Class A shares were cancelled and converted into cash at $3.30 per share on 08/03/2025, leaving the reporting person with 0 Class A shares. In addition, 111,112 RSUs were automatically cancelled and converted into cash equal to the per-share price. The transactions stem from the Merger Agreement dated May 25, 2025 that made E2open a wholly owned subsidiary of WiseTech Global. This filing documents the mechanical cash-out of equity holdings related to the merger and provides explicit counts and consideration.

TL;DR Form 4 discloses merger-related cancellation and cash conversion of insider equity; governance control transferred to acquirer.

The Form 4 confirms that at the Effective Time of the described mergers each issued and outstanding share and restricted stock unit held by the reporting person were cancelled and converted into cash pursuant to the Merger Agreement. The filing identifies the parent/acquirer as WiseTech Global Limited and records the Merger Agreement date as May 25, 2025. The filing is a routine, material disclosure documenting insider cash-out and the company's transition to a wholly owned subsidiary.

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 securities did Stephen C. Daffron report on Form 4 for ETWO?

He reported the cancellation and cash conversion of 145,379 Class A common shares and 111,112 restricted stock units.

When did the reported transactions occur?

The transactions were effective on 08/03/2025; the Form 4 was signed on 08/05/2025.

What cash consideration was paid per share?

Each converted share/RSU was converted into the right to receive $3.30 per share in cash.

Why were the shares and RSUs converted to cash?

They were cancelled and converted pursuant to the Merger Agreement dated May 25, 2025, which effectuated the mergers described in the filing.

Who is the acquiring parent named in the filing?

The filing names WiseTech Global Limited as the Parent resulting from the mergers.
E2Open Parent Holdings Inc

NYSE:ETWO

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ETWO Stock Data

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