Form 4: EverCommerce CEO Eric Remer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EverCommerce CEO Eric Richard Remer sold 14,502 shares of common stock on May 28, 2024, to cover tax obligations related to equity awards.
Summary
- On May 28, 2024, Eric Richard Remer, the CEO of EverCommerce Inc., sold 14,502 shares of EverCommerce Inc. common stock.
- The sale was executed at a weighted average price of $10.16 per share.
- Following the transaction, Remer directly owns 1,277,559 shares.
- Remer also indirectly owns shares through various family trusts and Buckrail Partners, LLC, totaling 8,211,662 shares.
- The sale was conducted to cover tax obligations related to equity awards.
Sentiment
Score: 6
Explanation: The document is a standard SEC filing related to a stock sale by an executive. It's neutral in tone and doesn't indicate any significant positive or negative developments for the company.
Industry Context
Sales of shares by company executives are a common occurrence, often related to tax obligations or diversification of personal holdings. The impact on the stock price depends on the size of the sale relative to the overall trading volume and investor sentiment.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the sale was relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock sale transaction |
| 05/29/2024 | Date of signature by Attorney-in-fact |
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