Hyatt Todd S. 4

What Happened

• Todd S. Hyatt, a director of Emerald Holding, Inc. (EEX), was granted 23,255 restricted stock units (RSUs) on February 25, 2026. The Form 4 reports the acquisition as an award (transaction code A) at a reported price of $0.00 (no cash exchanged at grant). These RSUs are not immediate shares and will convert to common stock only upon vesting.

Key Details

• Transaction date and filing: Award date 2026-02-25; Form 4 filed 2026-02-26 (appears timely under standard Form 4 rules).
• Reported amount: 23,255 RSUs; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: RSUs vest on February 25, 2027 subject to continued board service and will be settled in shares no later than 15 days after vesting. If a Change in Control (per the 2017 Omnibus Equity Plan) occurs and the director is relieved of service before vesting, then unvested RSUs will fully vest.
• Transaction code: A = Award/Grant of equity-based compensation.

Context

• RSU awards are a form of equity compensation for board service; they do not represent an immediate purchase (bullish) or sale of stock. Value to the insider and shareholders materializes only if/when the RSUs vest and are converted to shares.
• Such grants are routine for board compensation and should be viewed as compensation disclosure rather than an explicit insider buy/sell signal.