EverCommerce Insider Form 4: 20.9k RSUs Granted to Director Shenkan

Rhea-AI Filing Summary

Form 4 Overview – EverCommerce Inc. (EVCM)

On 20 June 2025, director Amy Guggenheim Shenkan received an equity award comprising 20,942 Restricted Stock Units (RSUs). Each RSU converts into one share of EverCommerce common stock at vesting. The grant will vest on the earlier of: (i) the day immediately preceding the company’s next annual shareholder meeting, or (ii) the first anniversary of the grant date, contingent on continued board service.

Following this transaction, Shenkan’s beneficial ownership increased to 49,899 direct shares. The RSUs were issued at $0 cost as typical for director compensation, and no derivative securities were involved. The filing does not cite a Rule 10b5-1 trading plan, and there were no dispositions.

For investors, the filing signals ongoing equity-based alignment between the board and shareholders but does not materially alter EverCommerce’s capital structure due to the relatively small share count involved.

Positive

• Increased insider ownership: Director now holds 49,899 shares, modestly aligning interests with shareholders.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine RSU grant increases director alignment, minimal dilution impact.

The award of 20,942 RSUs to Director Shenkan is standard non-cash board compensation. Vesting is time-based and limited to one year, ensuring short-term alignment without imposing a long overhang. The resulting ownership of 49,899 shares modestly enhances insider stake, a governance positive. From a capitalization standpoint, the share count is immaterial relative to EverCommerce’s outstanding shares, so dilution risk is negligible. No negative governance flags such as accelerated vesting, performance waivers, or related-party transactions are present.

Securities Analyst

TL;DR: Neutral financial impact; signals director confidence through equity uptake.

This Form 4 discloses only an RSU grant—no market purchase or sale—so immediate trading flow is unaffected. The grant size—~50k shares post-vesting—should not sway supply-demand dynamics given EverCommerce’s multi-million share float. While purchases are usually stronger bullish signals, additional equity compensation still conveys confidence and may reduce future cash outlays for director fees. Overall, the filing is not price-moving on its own but reinforces a trend toward equity-heavy board compensation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shenkan Amy Guggenheim

(Last) (First) (Middle)

C/O EVERCOMMERCE INC.

3601 WALNUT STREET, SUITE 400

(Street)

DENVER CO 80205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EverCommerce Inc. [ EVCM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		A		20,942(1)	A	$0(1)	49,899	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest and settle on the earlier of (i) the day immediately preceding the date of the Issuer's first annual meeting of stockholders following the date of grant and (ii) the first anniversary of the date of grant, subject to the Reporting Person continuing in service on the Issuer's Board through the applicable vesting date.

	By: /s/ Lisa Storey, Attorney-in-Fact	06/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many EverCommerce (EVCM) shares were granted to Director Amy Shenkan?

She received 20,942 Restricted Stock Units, each convertible to one common share.

When will the RSUs granted on 20-Jun-2025 vest?

They vest on the earlier of the next annual shareholder meeting’s eve or the first anniversary of the grant.

What is Director Shenkan’s total EverCommerce share ownership after the grant?

Her direct beneficial ownership rose to 49,899 shares.

Did the filing involve a 10b5-1 trading plan?

No, the Form 4 does not indicate that the transaction was made under Rule 10b5-1.

Does this RSU grant materially dilute existing EverCommerce shareholders?

The share count is immaterial relative to EverCommerce’s total shares outstanding, so dilution is negligible.