EverCommerce (EVCM) CEO Eric Remer sells 19,200 shares, keeps large stake
Rhea-AI Filing Summary
EverCommerce Inc. Chief Executive Officer Eric Richard Remer reported open-market sales of common stock totaling 19,200 shares over two days. On March 24, he sold 16,497 shares at a weighted average price of $10.7946 per share, and on March 25 he sold 2,703 shares at a weighted average price of $11.0604 per share. Following the March 25 transaction, he directly holds 2,514,517 EverCommerce common shares. The filing also lists additional indirect holdings, including shares held by Buckrail Partners, LLC and various Remer family trusts. The prices reported are weighted averages for multiple trades within disclosed intraday price ranges.
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Insights
CEO’s open-market sale is small relative to his remaining stake.
EverCommerce CEO Eric Remer reported selling 19,200 common shares in open-market transactions at weighted average prices between about $10.79 and $11.06. These are straightforward sales, with no option exercises, gifts, or tax-withholding mechanics disclosed.
After the transactions, Remer still directly owns 2,514,517 shares, and the filing lists substantial additional indirect holdings through Buckrail Partners, LLC and several family trusts. In proportion to the disclosed direct position, the sale appears routine and does not materially change his overall equity exposure.
The footnotes state that each reported price is a weighted average across multiple trades within specified intraday ranges, and that detailed trade-level data is available on request. There is no reference to a Rule 10b5-1 trading plan in the provided excerpt, so the timing context beyond these facts is not indicated here.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,703 | $11.0604 | $30K |
| Sale | Common Stock | 16,497 | $10.7946 | $178K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.66 to $11.37. 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 $10.995 to $11.08. 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.