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EverCommerce Insider Filing: CEO Offloads Minor Stake Under 10b5-1 Plan

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EverCommerce Inc. (EVCM) – Form 4 insider transaction filing dated 18-Jun-2025

Chief Executive Officer and Director Eric Richard Remer reported the indirect sale of 24,500 common shares through Buckrail Partners, LLC under a Rule 10b5-1 trading plan. On 16-Jun-2025, 20,045 shares were sold at a weighted-average price of $9.5563; on 17-Jun-2025, 4,455 shares were sold at a weighted-average price of $9.5141. Price ranges for the respective transactions were $9.45–$9.655 and $9.44–$9.57.

Following the sales, Remer’s reported beneficial ownership comprises:

  • 5,389,163 shares held indirectly by Buckrail Partners, LLC (post-sale balance)
  • 3,179,456 shares held directly
  • 1,000,000 shares held by EMJ Remer Family Trust
  • 35,000 shares held by Remer Family Trust
  • 28,999 shares held by Family Trust 1
Collectively, the CEO retains in excess of 9.6 million shares, indicating the disposed amount represents well under 1 % of total holdings. The form corrects a prior misclassification (12-Jun-2025 filing) that had attributed two Buckrail transactions to direct ownership.

No derivative securities were reported, and the filing contains no earnings or operational data. All transactions were executed under a pre-arranged trading plan dated 14-Jun-2024, limiting conclusions about management’s view on the company’s prospects.

Positive

  • None.

Negative

  • CEO share sales – Although small, insider selling can be viewed as a modest negative sentiment indicator for certain investors.

Insights

TL;DR: CEO sold 24,500 shares (~0.25 % of stake) under 10b5-1; immaterial to ownership, neutral signal.

The reported sales are small relative to Eric Remer’s cumulative 9.6 million-share position. Execution under a 10b5-1 plan and prior correction to ownership classification reduce informational value. No operational or financial guidance accompanies the filing, so valuation outlook for EVCM remains unchanged. From a liquidity perspective, the transactions supply roughly $234 k in gross proceeds—insignificant given average daily volume. I view the disclosure as routine and not materially impactful to investment thesis.

TL;DR: Routine Rule 10b5-1 sales; transparency maintained; governance risk minimal.

The CEO adhered to Rule 10b5-1 protocols, disclosed weighted-average ranges, and corrected an earlier filing error—positive governance practices. The de minimis percentage sold and continued substantial ownership align management’s interests with shareholders. No red flags emerge regarding control, concentration, or intent. Hence, the event is governance-neutral.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Remer Eric Richard

(Last) (First) (Middle)
C/O EVERCOMMERCE INC.
3601 WALNUT STREET, SUITE 400

(Street)
DENVER CO 80205

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EverCommerce Inc. [ EVCM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/16/2025 S 20,045 D $9.5563(1) 5,393,618 I(2) By Buckrail Partners, LLC
Common Stock 06/17/2025 S 4,455 D $9.5141(3) 5,389,163 I By Buckrail Partners, LLC
Common Stock 3,179,456 D
Common Stock 1,000,000 I By EMJ Remer Family Trust
Common Stock 35,000 I By Remer Family Trust
Common Stock 28,999 I By Family Trust 1
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.45 to $9.655. 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.
2. On June 12, 2025, the Reporting Person filed a Form 4 which inadvertently reported two transactions as sales of the Reporting Person's direct holdings. The transactions reported on the June 12, 2025 Form 4 related to holdings by Buckrail Partners, LLC.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.44 to $9.57. 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.
Remarks:
All sale transactions reported herein were made pursuant to a Rule 10b5-1 trading plan dated June 14, 2024.
/s/ Lisa Storey, Attorney-in-fact 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many EverCommerce (EVCM) shares did CEO Eric Remer sell?

A total of 24,500 common shares were sold—20,045 on 16-Jun-2025 and 4,455 on 17-Jun-2025.

At what prices were the EverCommerce shares sold?

Weighted-average prices were $9.5563 on 16-Jun-2025 and $9.5141 on 17-Jun-2025.

Does the CEO still hold a significant stake in EVCM after the sale?

Yes. Remer retains over 9.6 million shares through direct and indirect holdings.

Were the transactions conducted under a Rule 10b5-1 plan?

Yes. All reported sales were executed pursuant to a Rule 10b5-1 trading plan dated 14-Jun-2024.

Did the filing correct previous reporting errors?

The footnotes state that a 12-Jun-2025 Form 4 mistakenly classified Buckrail Partners’ sales as direct holdings; this filing corrects that error.
Evercommerce Inc.

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EVCM Stock Data

2.18B
98.39M
Software - Infrastructure
Services-prepackaged Software
Link
United States
DENVER