EverCommerce CEO awarded 496,406 RSUs
Remer Eric Richard reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Remer Eric Richard reported acquisition or exercise transactions in this Form 4 filing.
EverCommerce Inc. reported that Chief Executive Officer Eric Richard Remer received a grant of 496,406 restricted stock units (RSUs) of Common Stock at no cash price. Each RSU represents a contingent right to receive one share of Common Stock and vests in 16 equal quarterly installments after the grant date, conditioned on his continued service. Following this award, he holds 3,010,923 shares directly, with additional indirect holdings including 5,148,663 shares held by Buckrail Partners, LLC and shares held through several family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 496,406 shares
Grant/Award
5 txns
Insider
Remer Eric Richard
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 496,406 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,010,923 shares (Direct);
Common Stock — 5,148,663 shares (Indirect, By Buckrail Partners, LLC);
Common Stock — 35,000 shares (Indirect, By Remer Family Trust);
Common Stock — 1,000,000 shares (Indirect, By EMJ Remer Family Trust);
Common Stock — 28,999 shares (Indirect, By Family Trust 1)
Footnotes (1)
- F1. 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 vest in 16 equal quarterly installments following the grant date, subject to the Reporting Person's continued service through the applicable vesting dates.
Key Figures
RSUs granted: 496,406 units
Direct shares after grant: 3,010,923 shares
Indirect shares via Buckrail Partners, LLC: 5,148,663 shares
+2 more
5 metrics
RSUs granted
496,406 units
Grant of restricted stock units to CEO on Common Stock
Direct shares after grant
3,010,923 shares
Common Stock directly owned by CEO following RSU award
Indirect shares via Buckrail Partners, LLC
5,148,663 shares
Common Stock held indirectly through Buckrail Partners, LLC
Indirect shares via Remer Family Trust
35,000 shares
Common Stock held indirectly by Remer Family Trust
RSU vesting schedule
16 quarterly installments
RSUs vest in equal quarterly tranches after grant date
Key Terms
restricted stock units ("RSUs"), contingent right, vesting, indirect ownership
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock."
vesting financial
"The RSUs vest in 16 equal quarterly installments following the grant date, subject to the Reporting Person's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
indirect ownership financial
"total_shares_following_transaction": "5148663.0000", "direct_or_indirect": "I", "nature_of_ownership": "By Buckrail Partners, LLC""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EverCommerce (EVCM) disclose for its CEO?
EverCommerce disclosed that CEO Eric Richard Remer received a grant of 496,406 restricted stock units (RSUs). Each RSU represents a contingent right to one EverCommerce common share, awarded at no cash cost, subject to a multi-year vesting schedule tied to continued service.
How do Eric Remer’s new RSUs at EverCommerce (EVCM) vest?
The 496,406 RSUs granted to CEO Eric Remer vest in 16 equal quarterly installments. Vesting occurs over four years following the grant date, and each installment requires his continued service through the applicable vesting date to receive the underlying EverCommerce common shares.
What is the nature of the RSU award reported by EverCommerce (EVCM)?
The filing describes the award as restricted stock units, each being a contingent right to receive one EverCommerce common share. The RSUs carry no purchase price and become actual shares only as they vest in 16 quarterly installments tied to the CEO’s continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
