EverCommerce CEO has shares withheld for RSU taxes
EverCommerce Inc. Chief Executive Officer Eric Richard Remer reported a routine tax-related share disposition linked to restricted stock vesting.
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Rhea-AI Filing Summary
EverCommerce Inc. Chief Executive Officer Eric Richard Remer reported a routine tax-related share disposition linked to restricted stock vesting. On the event date, 13,772 shares of common stock were withheld by the company at $10.69 per share to cover his tax withholding obligation upon the vesting of Restricted Stock Units granted on February 22, 2024.
After this tax withholding, Remer directly holds 2,841,826 shares of EverCommerce common stock. The filing also lists additional indirect holdings through family-related entities, including 28,999 shares held by Family Trust 1, 1,000,000 shares held by the EMJ Remer Family Trust, 35,000 shares held by the Remer Family Trust, and 5,148,663 shares held by Buckrail Partners, LLC.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,772 | $10.69 | $147K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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 February 22, 2024.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligation financial
tax-withholding disposition financial
indirect ownership financial
Family Trust financial
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does EverCommerce (EVCM) CEO Eric Remer report in this Form 4?
What indirect EverCommerce (EVCM) holdings are reported for Eric Remer?
What is the role of Restricted Stock Units in this EverCommerce (EVCM) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.