EverCommerce (EVCM) CLO Lisa Storey sells shares, RSUs trigger tax withholding
Rhea-AI Filing Summary
EverCommerce Inc. Chief Legal Officer Lisa E. Storey reported two transactions in company common stock. On May 21, 2026, she completed an open-market sale of 4,000 shares at a weighted average price of $10.3831 per share, with actual sale prices ranging from $10.3801 to $10.45. On May 22, 2026, 1,228 shares were withheld by EverCommerce to cover her tax obligations upon the vesting of Restricted Stock Units granted on February 22, 2024, a non-market tax-withholding disposition. After these transactions, she directly holds 243,771 shares of EverCommerce common stock.
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Insider Trade Summary
Net Seller: 5,228 shares
Net Sell
2 txns
Insider
Storey Lisa E
Role
Chief Legal Officer
Sold
4,000 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,228 | $10.69 | $13K |
| Sale | Common Stock | 4,000 | $10.3831 | $42K |
Holdings After Transaction:
Common Stock — 243,771 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.3801 to $10.45. 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.
- F2. Represents the number of shares of common stock withheld by the Company to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units granted on February 22, 2024.
Key Figures
Open-market sale: 4,000 shares
Sale price (weighted average): $10.3831/share
Sale price range: $10.3801–$10.45/share
+2 more
5 metrics
Open-market sale
4,000 shares
Common Stock sold on May 21, 2026
Sale price (weighted average)
$10.3831/share
Open-market sale on May 21, 2026
Sale price range
$10.3801–$10.45/share
Multiple trades underlying the 4,000-share sale
Tax-withheld shares
1,228 shares
Withheld for RSU tax obligations on May 22, 2026
Shares held after transactions
243,771 shares
Direct ownership following May 2026 transactions
Key Terms
weighted average price, Restricted Stock Units, tax withholding obligation, open-market sale, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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 Company to cover the reporting person's tax withholding obligation upon the vesting"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did EverCommerce (EVCM) disclose for Lisa E. Storey?
EverCommerce reported that Chief Legal Officer Lisa E. Storey sold 4,000 shares of common stock and had 1,228 shares withheld for taxes. These actions were disclosed in a Form 4 filing and relate to both an open-market sale and RSU-related tax withholding.
Was Lisa E. Storey’s EverCommerce (EVCM) sale a single trade or multiple trades?
The sale was executed as multiple trades at different prices, with a weighted average of $10.3831 per share. Individual trades occurred at prices between $10.3801 and $10.45, as detailed in the Form 4 footnote describing the transaction pricing.