[Form 4] EverCommerce Inc. Insider Trading Activity
Eric R. Remer, who serves as Chief Executive Officer and a director of EverCommerce Inc. (EVCM), reported open-market sales of the company's common stock on September 23, 2025 (18,772 shares at a weighted-average price of $11.706) and September 24, 2025 (428 shares at a weighted-average price of $11.6466).
The Form 4 shows the transactions were executed under a Rule 10b5-1 trading plan. After the reported sales, Mr. Remer is recorded as directly owning 3,088,724 shares. The filing also discloses indirect beneficial ownership interests held by Buckrail Partners, LLC (5,148,663 shares), EMJ Remer Family Trust (1,000,000 shares), Remer Family Trust (35,000 shares), and Family Trust 1 (28,999 shares). The form corrects a prior September 18 Form 4 to adjust total ownership figures.
- Sales executed under a Rule 10b5-1 trading plan, indicating pre-established, systematic transactions
- Filing corrects prior Form 4 to accurately reflect ownership allocation between the reporting person and Buckrail Partners, LLC
- Reporting person retains substantial indirect holdings through Buckrail Partners, LLC and family trusts
- Insider sold shares (18,772 on 09/23/2025 and 428 on 09/24/2025), which may be viewed negatively by some investors
- Weighted-average prices reported with sales occurring across price ranges rather than single-price disclosures (per-footnote disclosure)
Insights
TL;DR: Insider sales were executed under a 10b5-1 plan; transaction sizes and corrected reporting are disclosed, with substantial indirect holdings remaining.
The sales on September 23 and 24, 2025 are documented as weighted-average prices across multiple transactions and were completed pursuant to a pre-established Rule 10b5-1 trading plan dated June 12, 2025. The filing clarifies and corrects prior reporting from September 18, 2025 regarding shares sold and the allocation between direct and Buckrail Partners, LLC holdings. From an analytical standpoint, the filing provides transparency on execution and ownership structure but does not provide any company operational or financial performance information.
TL;DR: Proper disclosure and correction noted; trades were pursuant to an established plan, and substantial indirect ownership is maintained.
The Form 4 includes an explicit statement that all sales were made under a 10b5-1 plan and supplies weighted-average pricing ranges with an undertaking to provide detailed per-trade prices on request. The amendment corrects previously reported allocation between the Reporting Person and Buckrail Partners, LLC, demonstrating attention to reporting accuracy. These elements reflect adherence to standard insider trading disclosure practices; the filing contains no indications of governance violations or other irregularities.