EverCommerce (EVCM) CFO awarded 154,537 RSUs, holdings rise to 375,891 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Siurek Ryan H reported acquisition or exercise transactions in this Form 4 filing.
EverCommerce Inc. Chief Financial Officer Ryan H. Siurek received a grant of 154,537 shares of Common Stock in the form of restricted stock units. Following this award, he directly holds 375,891 shares. The RSUs vest in 16 equal quarterly installments, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siurek Ryan H
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 154,537 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 375,891 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 154,537 shares
Holdings after grant: 375,891 shares
RSU vesting schedule: 16 equal quarterly installments
+1 more
4 metrics
RSU grant size
154,537 shares
Award of restricted stock units to CFO
Holdings after grant
375,891 shares
Total Common Stock directly held after transaction
RSU vesting schedule
16 equal quarterly installments
Vesting following the grant date, service-based
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Key Terms
restricted stock units ("RSUs"), contingent right, vesting, installments
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock"
vesting financial
"The RSUs vest in 16 equal quarterly installments following the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
installments financial
"The RSUs vest in 16 equal quarterly installments following the grant date"
Installments are a series of scheduled partial payments that together cover a larger amount owed or due, like paying for a purchase or loan in weekly or monthly pieces rather than all at once. For investors, installments matter because they change when cash moves between parties, affect a company’s or counterparty’s short-term cash flow and risk of missed payments, and can influence valuation or perceived financial stability much like spreading the cost of a car over monthly payments.
FAQ
What did EverCommerce (EVCM) disclose about CFO Ryan Siurek in this Form 4?
EverCommerce reported that CFO Ryan H. Siurek received 154,537 restricted stock units of Common Stock. These RSUs are a form of equity compensation and increase his direct holdings to 375,891 shares, aligning his interests more closely with the company’s long-term performance.
What is the vesting schedule for the CFO’s EverCommerce (EVCM) RSU grant?
The RSU award vests in 16 equal quarterly installments after the grant date. Each quarter, a portion of the 154,537 units becomes deliverable as Common Stock, provided Ryan H. Siurek continues to serve the company through each applicable vesting date.
What are restricted stock units (RSUs) in the EverCommerce (EVCM) Form 4 filing?
Restricted stock units are a form of equity compensation granting a contingent right to receive shares. In this case, each RSU equals one EverCommerce Common Share, delivered over 16 quarterly vesting dates, assuming the executive remains in service throughout the vesting period.
What are Ryan Siurek’s total EverCommerce (EVCM) holdings after this RSU grant?
After the reported grant, Ryan H. Siurek directly holds 375,891 shares of EverCommerce Common Stock. This total includes the newly awarded restricted stock units, which will convert into shares over time as they vest under the stated quarterly schedule.