EverCommerce (NASDAQ: EVCM) CFO sells shares without 10b5-1 plan
Rhea-AI Filing Summary
EverCommerce Inc. (EVCM) reported insider activity by its Chief Financial Officer, Ryan H. Siurek. On August 17, 2026, he sold 16,812 shares of common stock at a weighted average price of $10.2067 per share, in multiple trades between $10.20 and $10.27. On August 14, 2026, 1,067 shares were withheld to satisfy his tax withholding obligation upon vesting of Restricted Stock Units granted on August 14, 2023. The Rule 10b5-1 trading plan checkbox was not marked for these transactions.
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Insights
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Insider Trade Summary
Net Seller: 17,879 shares
Net Sell
2 txns
Insider
Siurek Ryan H
Role
Chief Financial Officer
Sold
16,812 shs ($172K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 16,812 | $10.2067 | $172K |
| Tax Withholding | Common Stock F1 | 1,067 | $10.19 | $11K |
Holdings After Transaction:
Common Stock — 347,309 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares of common stock withheld by EverCommerce Inc. (the "Company") to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on August 14, 2023.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.20 to $10.27. The Reporting Person undertakes to provide 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.
Key Figures
Shares sold: 16,812 shares
Weighted average sale price: $10.2067 per share
Sale price range: $10.20–$10.27 per share
+2 more
5 metrics
Shares sold
16,812 shares
Common stock sold by CFO on August 17, 2026
Weighted average sale price
$10.2067 per share
Average price for 16,812 shares sold on August 17, 2026
Sale price range
$10.20–$10.27 per share
Price range for the CFO’s August 17, 2026 share sales
Shares withheld for taxes
1,067 shares
Shares withheld on August 14, 2026 to cover RSU tax obligation
RSU grant date
August 14, 2023
Original grant date of Restricted Stock Units that vested in 2026
Key Terms
Restricted Stock Units, weighted average price, tax withholding obligation, Rule 10b5-1
4 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligation financial
"to cover the reporting person's tax withholding obligation upon the vesting"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did EverCommerce Inc. (EVCM) report for CFO Ryan H. Siurek?
EverCommerce reported that CFO Ryan H. Siurek sold 16,812 shares of common stock on August 17, 2026, and had 1,067 shares withheld on August 14, 2026, to cover tax obligations related to vesting Restricted Stock Units granted in 2023.
Were the recent EverCommerce (EVCM) insider sales by the CFO under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not selected, so these transactions were not reported as being executed under an established Rule 10b5-1 trading plan, based on the provided structured data.
What does the weighted average price mean in the EverCommerce (EVCM) CFO sale disclosure?
The filing lists a weighted average price of $10.2067 for the CFO’s sale. It explains the 16,812 shares were sold across multiple trades, with individual prices ranging from $10.20 to $10.27 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.