SEMrush Holdings (SEMR) legal chief sells 97,372 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEMrush Holdings, Inc. reported that its Chief Legal Officer, David W. Mason, sold 97,372 shares of Class A Common Stock in an open-market transaction on March 5, 2026. The weighted average sale price ranged from $11.93 to $11.94 per share.
After this sale, Mason beneficially owned 271,248 shares of Class A Common Stock, a portion of which are restricted stock units that each represent the right to receive one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 97,372 shares ($1,161,648)
Net Sell
1 txn
Insider
Mason David W
Role
Chief Legal Officer
Sold
97,372 shs ($1.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 97,372 | $11.93 | $1.16M |
Holdings After Transaction:
Class A Common Stock — 271,248 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $11.93 to $11.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 ranges set forth in this footnote (1) to this Form 4. A portion of these shares represent restricted stock units ("RSUs"). Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.
FAQ
What insider transaction did SEMR disclose for David W. Mason?
SEMrush Holdings disclosed that Chief Legal Officer David W. Mason sold 97,372 Class A shares. The open-market sale occurred on March 5, 2026, at a weighted average price between $11.93 and $11.94 per share, as detailed in the Form 4 filing.
What type of security did David W. Mason sell in this SEMR filing?
The transaction involved SEMrush Holdings’ Class A Common Stock. The Form 4 identifies the security as non-derivative Class A Common Stock, sold in an open-market transaction, with some of Mason’s remaining holdings consisting of restricted stock units tied to future vesting.
Were restricted stock units (RSUs) mentioned in David W. Mason’s SEMR Form 4?
Yes, the filing notes that a portion of Mason’s holdings are RSUs. Each restricted stock unit represents the right to receive one share of SEMrush Holdings’ Class A Common Stock upon vesting, clarifying that not all reported beneficial ownership is currently vested stock.
Was David W. Mason’s SEMR transaction classified as a buy or sell?
The Form 4 classifies the transaction as a sale. It uses transaction code “S” for a sale in open market or private transaction, with the normalized direction field identifying it as an open-market sale of Class A Common Stock rather than a purchase or grant.