Emerald Holding (EEX) Director Alicea Michael Disposes 145,109 Shares

What Happened

• Alicea Michael, a director of Emerald Holding, Inc. (EEX), had 145,109 shares disposed to the issuer on July 14, 2026 as part of a merger. Under the merger agreement, the shares were cancelled and converted into the right to receive $5.03 per share, for total cash consideration of approximately $729,898.27. The transaction is reported as a disposition to the issuer (code D), not an open-market sale.

Key Details

• Transaction date: 2026-07-14 (Effective Date of the Merger)
• Price / consideration: $5.03 per share; total ≈ $729,898.27
• Shares disposed: 145,109 common shares
• RSUs: Includes 23,255 time‑based RSUs that automatically vested at the Effective Time and were cash‑settled at $5.03/share (per footnote)
• Transaction type/code: Disposition to issuer (D) — shares cancelled and converted under Merger Agreement
• Filing timeliness: Reported with Period of Report = 2026-07-14 and filing date 2026-07-14 (timely as reported)
• Shares owned after transaction: Not specified in the provided data; common stock was cancelled and converted to merger consideration

Context

• Per the Merger Agreement dated May 9, 2026, Merger Sub merged into Emerald Holding on July 14, 2026, with Emerald continuing as a wholly‑owned subsidiary of the buyer. As part of that deal, outstanding shares and RSUs were cancelled and converted into a fixed cash payment ($5.03/share) — a contractual payment in a corporate transaction rather than a voluntary market sale. Such merger-driven conversions are routine outcomes of M&A financings and do not necessarily indicate individual insider sentiment.