Emerald Holding (EEX) EVP Sara Altschul Sells 70,182 Shares

What Happened

• Sara Altschul, EVP and General Counsel of Emerald Holding, reported a disposition on July 14, 2026: 70,182 shares were cancelled and converted into cash at $5.03 per share as part of the company’s merger. The transaction generated approximately $353,015.46 in merger consideration.
• This was not an open-market sale by the insider but an automatic conversion/cash-out of restricted stock units (RSUs) under the merger agreement.

Key Details

• Transaction date: July 14, 2026 (Effective Date of the Merger).
• Price / consideration: $5.03 per share; total ≈ $353,015.46.
• Security: 70,182 restricted stock units (RSUs) that were time-vested and automatically became fully vested and cancelled at the Effective Time.
• Transaction code: D (Disposition to issuer) — conversion/cancellation pursuant to the Merger Agreement.
• Footnotes: F1 = Merger Agreement effective July 14, 2026; F2 = shares cancelled and converted into $5.03 cash per share; F3 = RSUs automatically vested and converted at the Effective Time, subject to tax withholding.
• Shares owned after transaction: not specified in the filing (the reported units were cancelled and converted into cash).

Context

• This transaction is a merger-related cash-out rather than a voluntary sale by the insider; such conversions are routine when a company is acquired for cash.
• The filing indicates no exercise of options or open-market sale; it reflects contractual treatment of equity in the Merger.