EVCM officer disposes 25,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Matthew David Feierstein, President of EverCommerce Inc. (EVCM), reported a sale of 25,000 shares of the company's common stock on 10/01/2025. The sale is recorded at a weighted average price of $10.9336, with transaction prices ranging from $10.83 to $11.10. Following the reported sale, Mr. Feierstein beneficially owns 2,173,295 shares directly and 150,000 shares indirectly through a family trust, for a combined total of 2,323,295 shares. The filing states the sales were executed pursuant to a Rule 10b5-1 trading plan dated September 6, 2024. The Form 4 is signed by an attorney-in-fact and dated 10/03/2025.
Positive
- Retains substantial ownership with a combined 2,323,295 shares after the sale
- Sale executed under a Rule 10b5-1 trading plan dated September 6, 2024, indicating pre-authorization
Negative
- Disposed of 25,000 shares on 10/01/2025 at a weighted average price of $10.9336
Insights
Insider sold a small portion under a pre-established plan; substantial remaining ownership.
The report shows a 25,000 share disposition at a weighted average price of $10.9336 executed on 10/01/2025. Because the sale was made under a Rule 10b5-1 trading plan dated September 6, 2024, timing was pre-authorized which typically reduces signaling risk about current company information.
The reporting person still holds a combined 2,323,295 shares, indicating continued significant ownership and alignment with shareholders.
Form 4 documents compliance and confirms authorized-plan execution.
The filing documents the use of a 10b5-1 plan and provides a weighted average sale price and price range, plus an undertaking to disclose per-price details if requested. The Form is executed by an attorney-in-fact, consistent with standard insider filing practice.
This record provides transparent disclosure of the transaction and remaining beneficial ownership as of the report.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $10.9336 | $273K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.83 to $11.10. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.