Form 4: EverCommerce CEO Eric Remer Reports Tax-Related Stock Disposition Following RSU Vesting

EverCommerce Inc. CEO and Director Eric Richard Remer reported the disposition of 13,772 shares of common stock at $9.94 per share to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• Eric Richard Remer, the Chief Executive Officer and a Director of EverCommerce Inc. (EVCM), filed a Form 4 detailing a change in his beneficial ownership.
• On May 22, 2025, Mr. Remer disposed of 13,772 shares of EverCommerce common stock.
• The disposition was made at a price of $9.94 per share.
• This transaction was classified as a 'disposition to issuer to cover tax withholding' (Transaction Code F), meaning the shares were withheld by the company to satisfy tax obligations upon the vesting of Restricted Stock Units (RSUs).
• The RSUs that triggered this tax withholding were originally granted on February 22, 2024.
• Following this transaction, Mr. Remer directly beneficially owns 3,212,348 shares of common stock.
• He also indirectly beneficially owns 5,462,663 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: 7

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax purposes upon RSU vesting, which is a neutral to slightly positive event as it indicates compensation vesting. It does not signal any negative sentiment from the insider regarding the company's prospects.

Positives

• The vesting of Restricted Stock Units (RSUs) indicates a successful compensation event for the CEO, reflecting the fulfillment of performance or time-based conditions.
• The disposition of shares was non-discretionary, solely for covering tax withholding obligations, rather than a market sale initiated by the insider, which is generally viewed as a neutral event.

Negatives

• The transaction resulted in a reduction of 13,772 shares from the CEO's direct beneficial ownership, although this was for tax purposes and not a discretionary sale.

Risks

• NA

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine tax-related event and does not indicate a discretionary sale by the CEO, thus having minimal direct impact on shareholder sentiment or share price.
• Employees: No direct impact on general employees, as this relates specifically to executive compensation.

Key Dates

Recommendation

Keywords

EverCommerce, EVCM, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU Vesting, Tax Withholding, Eric Remer, Beneficial Ownership