EverCommerce (EVCM) CFO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. Chief Financial Officer Ryan H. Siurek reported tax-withholding dispositions of company stock tied to restricted stock unit vesting. On these vesting events, the issuer withheld a total of 8,204 shares of common stock at $9.20 per share to cover Siurek’s tax obligations, rather than executing open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Siurek Ryan H
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,956 | $9.20 | $36K |
| Tax Withholding | Common Stock | 4,248 | $9.20 | $39K |
Holdings After Transaction:
Common Stock — 369,436 shares (Direct, null)
Footnotes (1)
- Represents the number of shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 5, 2025. Represents the number of shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 5, 2026.
Key Figures
Tax-withholding shares: 8,204 shares
First withholding block: 4,248 shares at $9.20/share
Second withholding block: 3,956 shares at $9.20/share
3 metrics
Tax-withholding shares
8,204 shares
Total common stock withheld for taxes on RSU vesting
First withholding block
4,248 shares at $9.20/share
Common stock withheld for tax on 2025 RSU grant vesting
Second withholding block
3,956 shares at $9.20/share
Common stock withheld for tax on 2026 RSU grant vesting
Key Terms
Restricted Stock Units, tax withholding obligation, Common Stock, Form 4
4 terms
Restricted Stock Units financial
"upon the vesting of Restricted Stock Units granted on March 5, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld by the Issuer to cover the reporting person's tax withholding obligation"
Common Stock financial
"Represents the number of shares of common stock withheld by the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did EverCommerce (EVCM) CFO Ryan Siurek report in this Form 4?
EverCommerce CFO Ryan Siurek reported stock withheld to cover taxes from restricted stock unit vesting. The company retained 8,204 common shares at $9.20 per share, reflecting tax-withholding dispositions rather than discretionary open-market trades or new investment activity.
Were Ryan Siurek’s EverCommerce (EVCM) Form 4 transactions open-market sales?
The transactions were not open-market sales. They were coded as tax-withholding dispositions, where EverCommerce withheld shares from vested restricted stock units to cover the CFO’s tax liabilities, without Siurek selling shares to outside investors.
Does this EverCommerce (EVCM) Form 4 change Ryan Siurek’s investment stance?
The filing reflects routine tax withholding from equity compensation, not a discretionary buy or sell decision. Shares were withheld automatically upon restricted stock unit vesting, so the transactions provide limited insight into any change in Ryan Siurek’s investment view.