EverCommerce (EVCM) president sells 20,000 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. president Matthew David Feierstein sold 20,000 shares of common stock in open-market transactions. He sold 10,000 shares on April 1, 2026 at a weighted average price of $11.4262 per share and 10,000 shares on April 2, 2026 at a weighted average price of $11.5127 per share. The prices on April 1 ranged from $11.07 to $11.71, and on April 2 from $11.12 to $11.65. After these sales, he directly holds 2,170,606 EverCommerce shares and has an additional 150,000 shares reported as held indirectly by a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($229,389)
Net Sell
3 txns
Insider
Feierstein Matthew David
Role
President
Sold
20,000 shs ($229K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $11.5127 | $115K |
| Sale | Common Stock | 10,000 | $11.4262 | $114K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,170,606 shares (Direct);
Common Stock — 150,000 shares (Indirect, By Family Trust)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.12 to $11.65. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.07 to $11.71. 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.
Key Figures
Shares sold: 20,000 shares
Sale price April 2, 2026: $11.5127 per share
Sale price April 1, 2026: $11.4262 per share
+4 more
7 metrics
Shares sold
20,000 shares
Total EverCommerce common stock sold in open-market transactions
Sale price April 2, 2026
$11.5127 per share
Weighted average price for 10,000-share sale on April 2, 2026
Sale price April 1, 2026
$11.4262 per share
Weighted average price for 10,000-share sale on April 1, 2026
Direct holdings after sales
2,170,606 shares
EverCommerce common stock directly owned after transactions
Indirect trust holdings
150,000 shares
EverCommerce shares held indirectly by Family Trust
April 2 trading range
$11.12–$11.65
Price range for multiple trades comprising April 2 weighted average
April 1 trading range
$11.07–$11.71
Price range for multiple trades comprising April 1 weighted average
Key Terms
open-market sale, weighted average price, Family Trust
3 terms
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.
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.
Family Trust financial
"nature_of_ownership": "By Family Trust""
FAQ
What insider transaction did EverCommerce (EVCM) report for its president?
EverCommerce reported that president Matthew David Feierstein sold 20,000 shares of common stock in open-market transactions. He executed two separate 10,000-share sales on April 1 and April 2, 2026, at weighted average prices slightly above $11 per share.
At what prices did the EverCommerce (EVCM) insider sales occur?
The president sold 10,000 shares at a weighted average price of $11.4262 on April 1, 2026, and 10,000 shares at $11.5127 on April 2, 2026. Actual trade prices ranged from $11.07–$11.71 and $11.12–$11.65, respectively, across multiple executions.
Were the EverCommerce (EVCM) insider sales direct or through an entity?
The 20,000 shares sold were reported as directly owned by the president at the time of sale. Separately, the Form 4 discloses 150,000 EverCommerce shares held indirectly “By Family Trust,” reflecting an additional trust-based ownership position without a reported sale transaction.