EverCommerce president sells 21,052 shares in Form 4
EverCommerce Inc. president Matthew David Feierstein reported multiple common stock transactions.
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Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. president Matthew David Feierstein reported multiple common stock transactions. On June 1–3, he sold a total of 21,052 shares in open-market transactions at weighted average prices of $11.2630, $10.5342, and $10.0499 per share, with detailed price ranges noted in footnotes.
On June 3, 4,273 shares were withheld by EverCommerce to cover his tax withholding obligation upon vesting of Restricted Stock Units granted on March 3, 2023, which is a non-market, tax-related disposition. After these transactions, he directly holds 2,090,929 shares and indirectly holds 150,000 shares through a family trust.
Insider Trade Summary 10b5-1
Net Seller: 21,052 shares
Net Sell
5 txns
Insider
Feierstein Matthew David
Role
President
Sold
21,052 shs ($229K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,052 | $10.0499 | $11K |
| Exercise Price or Tax Liability | Common Stock | 4,273 | $9.43 | $40K |
| Sale | Common Stock | 10,000 | $10.5342 | $105K |
| Sale | Common Stock | 10,000 | $11.263 | $113K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,090,929 shares (Direct);
Common Stock — 150,000 shares (Indirect, By Family Trust)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.02 to $11.55. The Reporting Person undertakes to provide EverCommerce Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.27 to $10.74. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10 to $10.26. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. Represents the number of shares of common stock withheld by the Company to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 3, 2023.
Key Figures
Total shares sold: 21,052 shares
June 1 weighted average sale price: $11.2630 per share
June 2 weighted average sale price: $10.5342 per share
+4 more
7 metrics
Total shares sold
21,052 shares
Open-market sales on June 1–3, 2026
June 1 weighted average sale price
$11.2630 per share
Common stock sale on June 1, 2026
June 2 weighted average sale price
$10.5342 per share
Common stock sale on June 2, 2026
June 3 weighted average sale price
$10.0499 per share
Common stock sale on June 3, 2026
Shares withheld for taxes
4,273 shares
Tax withholding on RSU vesting March 3, 2023 grant
Direct holdings after transactions
2,090,929 shares
Common stock directly owned post-June 3, 2026
Indirect holdings via family trust
150,000 shares
Common stock held indirectly by family trust
Key Terms
weighted average price, Restricted Stock Units, tax withholding obligation, open-market sale, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Restricted Stock Units financial
"upon the vesting of Restricted Stock Units granted on March 3, 2023."
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 Company to cover the reporting person's tax withholding obligation"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
family trust financial
"nature_of_ownership": "By Family Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EverCommerce (EVCM) report for its president?
EverCommerce reported that president Matthew David Feierstein sold 21,052 shares of common stock in open-market transactions on June 1–3 and had 4,273 shares withheld to cover tax obligations on Restricted Stock Unit vesting, according to the Form 4 filing’s transaction and footnote details.
At what prices did EverCommerce (EVCM) stock sell in Matthew Feierstein’s Form 4?
The Form 4 shows weighted average sale prices of $11.2630, $10.5342, and $10.0499 per share on June 1–3. Footnotes explain these averages reflect multiple trades within price ranges between $11.02–$11.55, $10.27–$10.74, and $10.00–$10.26 respectively.
What does the tax-withholding disposition in EverCommerce (EVCM) president’s Form 4 mean?
The tax-withholding disposition reflects shares the company retained to pay income taxes due upon Restricted Stock Units vesting. In EverCommerce’s Form 4, 4,273 shares were withheld rather than sold on the market, so this portion of the transaction does not represent a discretionary stock sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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