EVCM Form 144: Insider/affiliate sales disclosed, small planned disposition
Rhea-AI Filing Summary
EverCommerce Inc. (EVCM) Form 144: This notice reports a proposed sale of 5,021 shares of EverCommerce common stock valued at approximately $57,221.32, with an approximate sale date of 09/10/2025 on the NASDAQ. The shares were acquired as a stock award from EverCommerce on 07/01/2021 and were received as compensation. The filing discloses total shares outstanding of 183,389,354. The filing also lists multiple prior sales by Buckrail Partners LLC of EverCommerce common stock during the past three months on various dates, with individual transaction proceeds reported. The notice includes the mandatory representation that the seller is not aware of undisclosed material adverse information.
Positive
- Full compliance with Rule 144 disclosure requirements, including acquisition details and broker information
- Planned sale size is small relative to the reported 183,389,354 shares outstanding (5,021 shares)
Negative
- Multiple recent sales by Buckrail Partners LLC are listed, indicating ongoing dispositions by an affiliated holder which could add supply pressure
Insights
TL;DR: Routine insider/affiliate filing showing a small proposed sale and multiple recent dispositions by an affiliated holder; likely limited market impact.
This Form 144 reports a proposed sale of 5,021 shares valued at ~$57k, representing a de minimis fraction of the reported 183.4 million shares outstanding. The shares were issued as a stock award in 2021 and are being sold through Fidelity on NASDAQ. The filing also inventories numerous recent sales by Buckrail Partners LLC, indicating ongoing dispositions by an affiliated entity. From an analytical perspective, the size of the proposed sale is immaterial to company capitalization, but repeated recent sales by an affiliate may warrant monitoring for continued supply into the market.
TL;DR: Disclosure is complete for Rule 144 purposes; no new governance actions or material nonpublic information are reported here.
The form includes required seller representations and acquisition details (stock award dated 07/01/2021, compensation payment). It documents planned execution via a broker and lists recent sales by Buckrail Partners LLC with gross proceeds reported per trade. There is no allegation of undisclosed material information and no mention of any special arrangements or exemptions. This is a compliance-focused filing rather than a corporate-action disclosure.