[Form 4] EverCommerce Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. Chief Financial Officer Ryan H. Siurek reported a routine tax-related share withholding. On the vesting of Restricted Stock Units granted on August 14, 2023, the company withheld 703 shares of common stock at $9.53 per share to cover his tax obligation. After this non-market transaction, he directly owns 375,188 shares of EverCommerce common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siurek Ryan H
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 703 | $9.53 | $7K |
Holdings After Transaction:
Common Stock — 375,188 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 703 shares
Withholding reference price: $9.53 per share
Shares held after transaction: 375,188 shares
3 metrics
Shares withheld for taxes
703 shares
Withheld to cover tax obligation on RSU vesting
Withholding reference price
$9.53 per share
Value used for 703 withheld shares
Shares held after transaction
375,188 shares
Directly owned by CFO after tax withholding
Key Terms
Restricted Stock Units, tax withholding obligation, Form 4
3 terms
Restricted Stock Units financial
"upon the vesting of Restricted Stock Units granted on August 14, 2023"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld by the Issuer to cover the reporting person's tax withholding obligation"
Form 4 regulatory
"This Form 4 does not report a market sale of EverCommerce (EVCM) shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.