EverCommerce (EVCM) president has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. President Matthew David Feierstein reported a routine tax-related share disposition. On May 22, 2026, 4,352 shares of common stock were withheld by EverCommerce to cover his tax withholding obligation upon the vesting of Restricted Stock Units granted on February 22, 2024. This was recorded at $10.69 per share and classified as a tax-withholding disposition, not an open-market sale.
Following this transaction, Feierstein directly held 2,116,254 shares of EverCommerce common stock. In addition, a separate entry shows 150,000 shares of common stock held indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Feierstein Matthew David
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,352 | $10.69 | $47K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,116,254 shares (Direct, null);
Common Stock — 150,000 shares (Indirect, By Family Trust)
Footnotes (1)
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Key Figures
Tax-withheld shares: 4,352 shares
Withholding price: $10.69 per share
Direct holdings after transaction: 2,116,254 shares
+3 more
6 metrics
Tax-withheld shares
4,352 shares
Common stock withheld for tax obligation on RSU vesting
Withholding price
$10.69 per share
Value used for tax-withholding disposition
Direct holdings after transaction
2,116,254 shares
Common stock directly held by Matthew Feierstein after withholding
Indirect family trust holdings
150,000 shares
Common stock held indirectly via family trust
Transaction date
May 22, 2026
Date of tax-withholding disposition and holdings entry
RSU grant date
February 22, 2024
Grant date of Restricted Stock Units that vested and triggered withholding
Key Terms
Restricted Stock Units, tax withholding obligation, Family Trust, tax-withholding disposition
4 terms
Restricted Stock Units financial
"upon the vesting of Restricted Stock Units granted on February 22, 2024"
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"
Family Trust financial
"nature_of_ownership": "By Family Trust""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did EverCommerce (EVCM) President Matthew Feierstein report in this Form 4?
Matthew Feierstein reported that EverCommerce withheld 4,352 common shares to satisfy his tax obligation on vesting Restricted Stock Units. This was a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity compensation taxes.
Does the EverCommerce (EVCM) Form 4 show an open-market sale by the President?
No, the Form 4 shows a tax-withholding disposition of 4,352 shares, not an open-market sale. The issuer retained shares to satisfy Matthew Feierstein’s tax obligations related to vesting Restricted Stock Units granted in February 2024.
What are Matthew Feierstein’s EverCommerce (EVCM) direct holdings after this Form 4?
After the tax-withholding transaction, Matthew Feierstein directly held 2,116,254 shares of EverCommerce common stock. This figure reflects his direct ownership position following the 4,352-share withholding to satisfy equity compensation tax obligations.
What indirect EverCommerce (EVCM) holdings are disclosed for Matthew Feierstein?
The filing discloses an indirect holding of 150,000 EverCommerce common shares held through a family trust. This entry is reported as indirect ownership and is separate from his 2,116,254 directly held shares following the tax-withholding transaction.