Form 4: EverCommerce CEO Eric Remer Sells Shares in Recent Transactions
SEC Form 4 Filing
EverCommerce CEO Eric Richard Remer executed multiple sales of company stock on May 13 and 14, 2025, according to a Form 4 filing with the SEC.
Summary
- Eric Richard Remer, CEO of EverCommerce Inc., reported the sale of company stock in two transactions on May 13 and 14, 2025.
- On May 13, 2025, Remer sold 23,119 shares of common stock at a weighted average price of $11.2627 per share.
- On May 14, 2025, Remer sold 1,381 shares of common stock at a weighted average price of $11.0229 per share.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan established on June 14, 2024.
- Following these transactions, Remer directly owns 1,656,897 shares of EverCommerce Inc.
- Remer also indirectly owns shares through Buckrail Partners, LLC (7,462,663 shares), EMJ Remer Family Trust (1,000,000 shares), Remer Family Trust (35,000 shares), and Family Trust 1 (28,999 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an insider, which is neutral in sentiment. The sales were conducted under a pre-arranged plan, mitigating potential negative interpretations.
Industry Context
Insider selling can sometimes be interpreted negatively by the market, but sales under pre-arranged 10b5-1 plans are common and often don't signal a lack of confidence in the company.
Stakeholder Impact
- Shareholders may react to the news of insider selling, although the existence of a 10b5-1 plan may mitigate concerns.
- The impact on employees, customers, suppliers, and creditors is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 2024/06/14 | Date of Rule 10b5-1 trading plan. |
| 2025/05/13 | Date of first stock sale. |
| 2025/05/14 | Date of second stock sale. |
Keywords
EverCommerce, EVCM, Eric Remer, stock sale, Form 4, Rule 10b5-1, insider trading
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