EVCM Form 4: CEO Remer Sells 19,200 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Eric R. Remer, EverCommerce Inc. Chief Executive Officer and Director, reported sales of 19,200 shares of Common Stock on 10/07/2025 at a weighted-average price of $11.0495. After the reported sale, he directly holds 3,050,324 shares and continues to beneficially own large indirect positions totaling 6,212,662 shares through Buckrail Partners, LLC (5,148,663), the EMJ Remer Family Trust (1,000,000), Remer Family Trust (35,000) and Family Trust 1 (28,999). The filing states the trades were executed under a Rule 10b5-1 trading plan dated 6/12/2025 and the sale prices ranged from $10.945 to $11.365, reported as a weighted average.
Positive
- Trades executed under a Rule 10b5-1 plan dated 6/12/2025
- Significant retained ownership: direct 3,050,324 shares and indirect 6,212,662 shares
Negative
- Disposition of 19,200 shares reduces direct holdings
- Sale weighted-average price $11.0495 may reflect partial liquidity taking
Insights
CEO sold a small block under a pre-established 10b5-1 plan while retaining substantial ownership.
The sale of 19,200 shares at a weighted average of $11.0495 was executed under a Rule 10b5-1 plan dated 6/12/2025, which typically signals automated, pre-authorized trading rather than opportunistic insider timing. Maintaining direct ownership of 3,050,324 shares plus indirect holdings of 6,212,662 shares indicates continued alignment with shareholders through significant equity exposure.
Key dependencies include ongoing disclosure of any further planned trades under the same plan and market price movements. Monitor additional Form 4 filings for changes to the 10b5-1 plan or material reductions in stake within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,200 | $11.0495 | $212K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| 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 $10.945 to $11.365. 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.