Form 4: EverCommerce CEO Eric Remer Reports Routine Stock Disposition for Tax Obligations

EverCommerce Inc. CEO Eric Richard Remer reported the disposition of 5,598 shares of common stock to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• Eric Richard Remer, Chief Executive Officer and Director of EverCommerce Inc. (EVCM), reported a transaction on June 1, 2025.
• The transaction involved the disposition of 5,598 shares of EverCommerce common stock at a price of $9.88 per share.
• This disposition was a 'tax withholding' (Transaction Code F) by the Issuer to cover Mr. Remer's tax obligations upon the vesting of Restricted Stock Units (RSUs) that were originally granted on March 1, 2022.
• Following this transaction, Mr. Remer directly beneficially owns 3,206,750 shares of common stock.
• Additionally, he indirectly beneficially owns 5,438,163 shares through Buckrail Partners, LLC, 1,000,000 shares through EMJ Remer Family Trust, 35,000 shares through Remer Family Trust, and 28,999 shares through Family Trust 1.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting, which is a neutral event in terms of company performance or outlook.

Positives

• The underlying event, the vesting of Restricted Stock Units, indicates that performance conditions (if any) were met and that the executive continues to hold a significant stake in the company, aligning his interests with shareholders.

Negatives

• The direct beneficial ownership of common stock by the CEO decreased by 5,598 shares due to the tax withholding.

Risks

• No specific risks are highlighted by this routine tax-related transaction.

Future Outlook

NA

Industry Context

This Form 4 filing is specific to an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Eric Richard Remer holds significant indirect beneficial ownership through entities such as Buckrail Partners, LLC (5,438,163 shares), EMJ Remer Family Trust (1,000,000 shares), Remer Family Trust (35,000 shares), and Family Trust 1 (28,999 shares).

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax-related transaction and does not reflect a discretionary sale by the CEO.
• The vesting of RSUs aligns the CEO's long-term interests with shareholders.

Key Dates

Keywords

EverCommerce, EVCM, Eric Richard Remer, Form 4, SEC filing, insider transaction, stock ownership, CEO, director, restricted stock units, RSU vesting, tax withholding