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[Form 4] EverCommerce Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

EverCommerce Inc. insider Matthew David Feierstein reported a withholding of shares to cover taxes on vested restricted stock units. The Form 4 shows that on 09/05/2025, 6,604 shares were disposed at a price of $11.39 per share through code F (withholding). After the transaction the reporting person beneficially owned 2,198,295 shares directly and held 150,000 shares indirectly via a family trust. The withheld shares relate to RSUs granted on 03/05/2025. The filing was signed by an attorney-in-fact on 09/08/2025. The disclosure documents an administrative tax-withholding event rather than an open-market sale.

Positive
  • Compliance action: Shares were withheld to satisfy tax obligations on vested RSUs, demonstrating standard compensation administration.
  • Substantial remaining ownership: Reporting person continues to hold 2,198,295 shares directly plus 150,000 indirectly, indicating sustained ownership interest.
Negative
  • Reduction in direct holdings: 6,604 shares were disposed (withheld), reducing the reporting person's immediate share count.

Insights

TL;DR: This Form 4 reports a small tax-withholding share disposition tied to vested RSUs, a routine administrative action with limited market impact.

The reported disposal of 6,604 shares at $11.39 per share represents withholding to satisfy tax obligations upon RSU vesting from the March 5, 2025 grant. The officer retains a large direct stake (2,198,295 shares) plus 150,000 indirect shares, so the withholding is immaterial to overall ownership percentages. There is no indication of a voluntary open-market sale or a change in control. For investors, this is a compliance disclosure rather than a signal of altered insider conviction.

TL;DR: Administrative withholding of shares for tax purposes is standard practice and presents low governance risk in this instance.

The Form 4 clearly states the shares were withheld to cover tax withholding on vested RSUs granted 03/05/2025. The transaction code and explanatory note align with routine compensation settlement procedures. Beneficial ownership remains concentrated with the reporting person, and there is no evidence here of opportunistic selling or governance concerns. Documentation is properly executed by an attorney-in-fact and dated 09/08/2025.

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).
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*
Feierstein Matthew David

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
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 09/05/2025 F 6,604(1) D $11.39 2,198,295 D
Common Stock 150,000 I By Family Trust
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. Represents the number of shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 5, 2025.
/s/ Lisa Storey, Attorney-in-fact 09/08/2025
** 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

What did EverCommerce insider Matthew Feierstein report on Form 4 (EVCM)?

The Form 4 reports that on 09/05/2025 6,604 shares were disposed at $11.39 per share as withholding to cover taxes on vested RSUs.

Why were 6,604 shares disposed according to the filing?

The filing states the shares were withheld by the issuer to cover the reporting person's tax withholding obligation upon vesting of RSUs granted on 03/05/2025.

How many EverCommerce shares does the reporting person own after the transaction?

After the transaction the reporting person beneficially owned 2,198,295 shares directly and 150,000 shares indirectly via a family trust.

Was this an open-market sale or an administrative action?

This was an administrative tax-withholding action (code F) related to RSU vesting, not an open-market sale.

When was the Form 4 signed and who signed it?

The Form 4 was signed by Lisa Storey, Attorney-in-fact on 09/08/2025.
Evercommerce Inc.

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EVCM Stock Data

1.46B
97.66M
7.97%
92.15%
0.72%
Software - Infrastructure
Services-prepackaged Software
Link
United States
DENVER