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EVCM Insider Filing: RSU Withholding and 10b5-1 Sale by President

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Matthew David Feierstein, President of EverCommerce Inc. (EVCM), reported changes in his holdings. On 09/01/2025 the company withheld 2,685 shares to cover tax withholding upon vesting of restricted stock units granted March 1, 2022, leaving 2,236,383 shares beneficially owned directly. On 09/02/2025 he sold 25,000 shares at a weighted average price of $11.2419 per share, reducing his direct holdings to 2,211,383. He also holds 150,000 shares indirectly through a family trust. All sales were made pursuant to a Rule 10b5-1 trading plan dated September 6, 2024. The Form 4 was signed by attorney-in-fact Lisa Storey on 09/03/2025.

Positive

  • Transactions executed under a Rule 10b5-1 trading plan, indicating pre-established, compliant selling arrangements
  • Clear disclosure of RSU tax-withholding and a weighted-average sale price with an offer to provide per-tranche details upon request

Negative

  • None.

Insights

TL;DR: Insider executed routine RSU tax-withholding and a Rule 10b5-1 sale for 25,000 shares, modest relative to total holdings.

The filing shows a standard tax-withholding disposition of vested RSUs and a planned open-market sale under a pre-established 10b5-1 plan. The sale of 25,000 shares against direct holdings of ~2.2 million represents a small percentage reduction, suggesting no unplanned liquidity event. The weighted-average sale price of $11.2419 is provided but without context of recent market prices or realized proceeds per tranche. No derivative transactions were reported.

TL;DR: Disclosure is compliant and transparent; use of a 10b5-1 plan and explanatory footnotes reduces regulatory risk.

The reporter checked the box indicating the transactions were pursuant to a Rule 10b5-1 plan and provided explanatory footnotes describing tax-withholding and the weighted-average sale price range. The filing includes an attorney-in-fact signature, which is acceptable if authority is documented. There are no indications of undisclosed derivative activity or other reportable exceptions in this Form 4. From a compliance perspective, the filing appears complete and aligned with Section 16 reporting norms.

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*
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)
09/01/2025
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 09/01/2025 F 2,685(1) D $11.26 2,236,383 D
Common Stock 09/02/2025 S 25,000 D $11.2419(2) 2,211,383 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 EverCommerce Inc. (the "Company") to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on March 1, 2022.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.15 to $11.39. 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 September 6, 2024
/s/ Lisa Storey, Attorney-in-fact 09/03/2025
** 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 President Matthew Feierstein report on Form 4 (EVCM)?

He reported a tax-withholding disposition of 2,685 RSU shares on 09/01/2025 and a sale of 25,000 shares on 09/02/2025 under a Rule 10b5-1 plan.

How many EverCommerce shares does Matthew Feierstein own after these transactions?

Following the transactions, he beneficially owned 2,211,383 shares directly and 150,000 indirectly via a family trust.

At what price were the 25,000 EverCommerce shares sold?

The shares were sold at a weighted average price of $11.2419, with individual trade prices ranging from $11.15 to $11.39.

Were these sales part of an approved trading plan?

Yes. The Form 4 states all sale transactions were made pursuant to a Rule 10b5-1 trading plan dated September 6, 2024.

Who signed the Form 4 for Matthew Feierstein?

The Form 4 was signed by attorney-in-fact Lisa Storey on 09/03/2025.
Evercommerce Inc.

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EVCM Stock Data

2.23B
98.25M
7.97%
92.15%
0.72%
Software - Infrastructure
Services-prepackaged Software
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United States
DENVER