EverCommerce Insider Filing: 13,523 Shares Tax-Withheld After RSU Vesting
Rhea-AI Filing Summary
EverCommerce Inc. (EVCM) reporting person Eric R. Remer, who serves as Chief Executive Officer and a director, recorded a transaction on 09/03/2025. The filing shows 13,523 shares of common stock were disposed at $11.39 per share; the company withheld those shares to satisfy the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 3, 2023. After the transaction Mr. Remer is shown as directly owning 3,140,896 shares and indirectly owning additional stakes: 5,168,663 shares via Buckrail Partners, LLC, 1,000,000 shares via EMJ Remer Family Trust, 35,000 shares via Remer Family Trust and 28,999 shares via Family Trust 1. The form is signed by an attorney-in-fact on 09/05/2025.
Positive
- Timely and transparent filing of insider transaction under Section 16
- Substantial insider ownership remains after the transaction, showing alignment with shareholders
Negative
- None.
Insights
TL;DR: Routine tax-withholding share disposition after RSU vesting; large insider ownership remains concentrated.
The Form 4 documents a common administrative sale where 13,523 shares were withheld to cover tax obligations tied to RSU vesting dated March 3, 2023. This is a standard liquidity/withholding event rather than a market-sale signal. The filing also highlights substantial insider alignment: combined direct and indirect holdings indicate meaningful insider ownership, which can align management and shareholder interests. No change in officer or director status is reported.
TL;DR: Small disposition relative to total holdings; transaction represents tax withholding, not an open-market sale.
Details show the 13,523-share disposition occurred at $11.39 per share and is explicitly explained as shares withheld to satisfy tax withholding on vested RSUs. Given the large block holdings reported indirectly and directly, the transaction's market impact is negligible. The disclosure is timely and follows Section 16 reporting requirements; no derivative or additional cash transactions are shown.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,523 | $11.39 | $154K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- [object Object]