Form 4: Remer reports 24,500-share sale; indirect holdings remain >5.2M
Rhea-AI Filing Summary
EverCommerce Inc. (EVCM) reporting person Eric Richard Remer, identified as a Director and Chief Executive Officer, reported sales of Common Stock on 08/12/2025 and 08/13/2025. The filing shows a sale of 22,139 shares on 08/12/2025 at a weighted average price of $10.5363 and a sale of 2,361 shares on 08/13/2025 at a weighted average price of $10.7017.
The filing lists indirect beneficial ownership of 5,220,024 shares following the 08/12 transaction and 5,217,663 shares following the 08/13 transaction attributed to Buckrail Partners, LLC. The form also discloses indirect holdings of 1,000,000 shares by EMJ Remer Family Trust, 35,000 shares by Remer Family Trust, and 28,999 shares by Family Trust 1. All sale transactions were made pursuant to a Rule 10b5-1 trading plan dated June 14, 2024. The Form 4 is signed by Lisa Storey, Attorney-in-fact, dated 08/13/2025.
Positive
- Sales were executed pursuant to a Rule 10b5-1 trading plan dated June 14, 2024, which is explicitly disclosed
- Form 4 provides post-transaction indirect ownership figures for Buckrail Partners, LLC and identifies holdings held by family trusts
Negative
- The CEO and Director reported the sale of 24,500 shares (22,139 on 08/12/2025 and 2,361 on 08/13/2025)
- Insider sales reduced the reported indirect holdings from 5,220,024 to 5,217,663 as shown after the transactions
Insights
TL;DR: CEO Remer executed pre-arranged sales totaling 24,500 shares under a 10b5-1 plan; reported indirect holdings remain above 5.2 million shares.
The Form 4 records two sales: 22,139 shares on 08/12/2025 at a weighted average price of $10.5363 and 2,361 shares on 08/13/2025 at $10.7017, totaling 24,500 shares. The filing explicitly attributes post-transaction indirect ownership of 5,220,024 and 5,217,663 shares to Buckrail Partners, LLC, and lists additional indirect holdings by family trusts. The transactions were executed pursuant to a Rule 10b5-1 trading plan dated June 14, 2024, which the filing cites as the basis for the sales. From a market-disclosure perspective, the filing provides the key transaction dates, weighted average prices, and beneficial ownership detail investors would expect.
TL;DR: Insider sales were reported transparently with trustee and entity holdings specified; sales were executed under a dated 10b5-1 plan.
The filer is identified as both a Director and the Chief Executive Officer, and the Form 4 discloses sales on two consecutive dates along with weighted average prices and resulting indirect ownership figures. The form separately enumerates indirect holdings held by named trusts and an LLC, which clarifies beneficial ownership structure. The signature by an attorney-in-fact and the explicit mention of the June 14, 2024 Rule 10b5-1 plan provide an evidentiary record supporting that these were pre-arranged transactions as reported on 08/13/2025.