[144] EverCommerce Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for EverCommerce Inc. (EVCM) shows a proposed sale of 75,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $834,750.00. The securities were originally acquired as Founders Shares on 07/06/2021. The filing lists an approximate sale date of 10/01/2025 and reports 181,278,754 shares outstanding for the class. The filer discloses two prior 10b5-1 sales during the past three months: 25,000 shares on 09/02/2025 for $281,047.50 and 25,000 shares on 08/01/2025 for $254,410.00. The filer represents compliance with Rule 144 and, if applicable, an adopted Rule 10b5-1 plan.

Insights

Securities Analyst

TL;DR: Routine insider sale under Rule 144 and 10b5-1, small relative to total outstanding shares, limited market impact.

The notice documents a planned sale of 75,000 common shares valued at $834,750 through Morgan Stanley Smith Barney. Compared with 181.3 million shares outstanding, the proposed sale equals roughly 0.04% of the class, indicating limited dilution or market pressure from this single transaction. The filer previously executed two 10b5-1 sales of 25,000 shares each in Aug and Sep 2025, suggesting a structured liquidity plan rather than opportunistic block selling. For investors, this is a routine disclosure of insider liquidity rather than a material change to the company’s capital structure.

Corporate Governance Expert

TL;DR: Filing shows compliance with Rule 144 and possible 10b5-1 planning; governance signals favor orderly disposition of founder shares.

The record shows acquisition as founders shares on 07/06/2021 and subsequent use of 10b5-1 mechanisms for recent sales, which aligns with best practices for reducing potential insider trading concerns. The use of a broker and the representation on the form that no undisclosed material information exists are standard protections. The filing contains no information about any unusual governance events, resignations, or material noncompliance; therefore governance impact appears neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	75000	834750.00	181278754	10/01/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/06/2021	Founders Shares	Issuer			75000	07/06/2021	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MATTHEW FEIERSTEIN 3601 Walnut Street, Suite 400 Denver CO 80205	Common	09/02/2025	25000	281047.50
10b5-1 Sales for MATTHEW FEIERSTEIN 3601 Walnut Street, Suite 400 Denver CO 80205	Common	08/01/2025	25000	254410.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the Form 144 for EVCM cover?

The filing covers 75,000 common shares proposed for sale with an aggregate market value of $834,750.00.

When is the approximate sale date listed on the Form 144?

The approximate date of sale is listed as 10/01/2025.

Who is the broker handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY).

Did the filer sell any EVCM shares recently?

Yes. The filing discloses two 10b5-1 sales: 25,000 shares on 08/01/2025 for $254,410.00 and 25,000 shares on 09/02/2025 for $281,047.50.

When and how were the shares being sold originally acquired?

The securities were acquired as Founders Shares on 07/06/2021, with the full amount paid on that date.