EverCommerce (EVCM) CEO sells 7,710 shares, reports tax withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverCommerce Inc. chief executive Eric Richard Remer reported insider transactions in company common stock. He completed an open-market sale of 7,710 shares at a weighted average price of $10.286 per share, leaving 2,627,376 shares held directly afterward. A separate disposition of 9,187 shares was made to cover tax withholding upon the vesting of Restricted Stock Units granted on February 22, 2024, at a price of $10.06 per share, meaning those shares were not sold for cash proceeds. The filing also lists indirect holdings of 5,148,663 shares through Buckrail Partners, LLC, 35,000 shares through the Remer Family Trust, 1,000,000 shares through the EMJ Remer Family Trust, and 28,999 shares through Family Trust 1.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,710 shares ($79,305)
Net Sell
6 txns
Insider
Remer Eric Richard
Role
Chief Executive Officer
Sold
7,710 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,710 | $10.286 | $79K |
| Tax Withholding | Common Stock | 9,187 | $10.06 | $92K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,627,376 shares (Direct);
Common Stock — 5,148,663 shares (Indirect, By Buckrail Partners, LLC)
Footnotes (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 February 22, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.125 to $10.50. 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.
FAQ
What insider transactions did EverCommerce (EVCM) CEO Eric Remer report?
EverCommerce CEO Eric Remer reported an open-market sale and a tax-related share disposition. He sold 7,710 common shares and had 9,187 shares withheld to satisfy tax obligations on vested Restricted Stock Units granted in February 2024.