Form 4: EverCommerce CEO Eric Remer Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
EverCommerce Inc. CEO Eric Remer reported the disposition of 13,522 shares of common stock to cover tax obligations related to the vesting of Restricted Stock Units.
Summary
- Eric Richard Remer, Chief Executive Officer and Director of EverCommerce Inc. (EVCM), filed a Form 4 reporting a change in beneficial ownership.
- On June 3, 2025, Mr. Remer disposed of 13,522 shares of EverCommerce common stock at a price of $10.17 per share.
- This disposition represents shares withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units (RSUs) that were granted on March 3, 2023.
- Following this transaction, Mr. Remer directly beneficially owns 3,193,228 shares of common stock.
- Additionally, Mr. Remer 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 withholding related to RSU vesting, which is a neutral event for the company's operational performance and financial health. It does not indicate positive or negative sentiment regarding the company's prospects.
Positives
- The transaction indicates the vesting of Restricted Stock Units (RSUs), which is a form of executive compensation and can be seen as a positive for executive retention and alignment of interests with shareholders.
Negatives
- No direct negative implications for the company's operations or financial health are indicated by this routine tax withholding transaction.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.
Related Party Transactions
- Eric Richard Remer's indirect beneficial ownership includes shares held by Buckrail Partners, LLC, EMJ Remer Family Trust, Remer Family Trust, and Family Trust 1, which are considered related parties.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale.
- Employees: The vesting of RSUs is part of executive compensation, which can positively impact executive retention and motivation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Date when Restricted Stock Units (RSUs) were granted to Eric Richard Remer. |
| 06/03/2025 | Date of the reported transaction where shares were disposed for tax withholding. |
| 06/05/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
EverCommerce, EVCM, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, CEO, Eric Remer, Beneficial Ownership
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