EverCommerce Partner Plans More Share Sales After $2.5M Recent Disposals
Rhea-AI Filing Summary
EverCommerce has filed a Form 144 notice for the proposed sale of 4,789 shares of common stock through Fidelity Brokerage Services, with an aggregate market value of $47,993.92. The shares were originally acquired as a stock award on July 1, 2021, as part of compensation.
The filing reveals significant recent selling activity by Buckrail Partners LLC over the past three months (March-June 2025), including:
- 26 separate transactions totaling approximately 250,000 shares
- Largest single-day sale was 23,119 shares on May 13, 2025 ($260,382.36)
- Most recent transaction was 19,711 shares on June 24, 2025 ($197,439.89)
The proposed sale represents a minimal portion of EverCommerce's total outstanding shares of 183,389,354. The planned transaction is scheduled for execution on June 25, 2025 on the NASDAQ exchange.
Positive
- None.
Negative
- Significant insider selling pattern: Buckrail Partners LLC has sold approximately 240,000 shares over the past 3 months, with total proceeds exceeding $2 million, indicating consistent selling pressure
- Recent acceleration in selling: The sales have continued regularly through June 2025, with several large blocks (>15,000 shares) being sold, suggesting increased selling pressure