EverCommerce (NASDAQ: EVCM) president sells 5,000 shares in 10b5-1 trade
Rhea-AI Filing Summary
EverCommerce Inc. president Matthew David Feierstein reported selling 5,000 shares of common stock on August 6, 2026 at a weighted average price of $10.199 per share, in trades ranging from $10.10 to $11.05, under a Rule 10b5-1 plan dated August 20, 2025. Following the sale, he holds 1,996,679 shares directly and 150,000 shares indirectly through a family trust.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
2 txns
Insider
Feierstein Matthew David
Role
President
Sold
5,000 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,000 | $10.199 | $51K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,996,679 shares (Direct);
Common Stock — 150,000 shares (Indirect, By Family Trust)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.10 to $11.05. 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.
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $10.199 per share
Sale price range: $10.10 to $11.05 per share
+3 more
6 metrics
Shares sold
5,000 shares
Common Stock sold by president on August 6, 2026
Weighted average sale price
$10.199 per share
Average price for the 5,000 shares of Common Stock sold
Sale price range
$10.10 to $11.05 per share
Range of prices for multiple sale transactions included in the Form 4
Direct holdings after transaction
1,996,679 shares
Directly owned EverCommerce common shares following the sale
Indirect holdings via Family Trust
150,000 shares
Indirect ownership reported as held by Family Trust
Net shares sold in filing
5,000 shares
Net sell direction based on transaction summary
Key Terms
Rule 10b5-1 plan, weighted average price, By Family Trust, Sale in open market or private transaction
4 terms
Rule 10b5-1 plan regulatory
"All sale transactions reported herein were made pursuant to a Rule 10b5-1 plan dated August 20, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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.
By Family Trust financial
"nature_of_ownership": "By Family Trust""
Sale in open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EverCommerce (EVCM) report for its president?
EverCommerce reported that president Matthew David Feierstein sold 5,000 shares of common stock on August 6, 2026. The sale was executed under a Rule 10b5-1 trading plan dated August 20, 2025, indicating a pre-arranged disposition of shares.
Was the EverCommerce (EVCM) insider sale made under a Rule 10b5-1 plan?
Yes. The company reports that all sale transactions were made under a Rule 10b5-1 plan dated August 20, 2025. Such plans allow pre-scheduled trades, which can reduce the significance of trade timing as a signal of management’s views.
What types of ownership does the EverCommerce (EVCM) president report in this filing?
The president reports direct ownership of 1,996,679 shares of EverCommerce common stock. He also reports indirect ownership of 150,000 shares held "By Family Trust," indicating a separate entity holds those shares on his behalf.