Form 4: EverCommerce CEO Eric Remer Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
EverCommerce CEO Eric Richard Remer sold a portion of his holdings in the company's common stock between October 8th and October 10th, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Eric Richard Remer, CEO of EverCommerce Inc., reported the sale of common stock between October 8th and October 10th, 2024.
- The sales were executed under a Rule 10b5-1 trading plan established on June 14, 2024.
- On October 8th, 5,436 shares were sold at a weighted average price of $10.0861, with prices ranging from $10.005 to $10.175.
- On October 9th, 4,922 shares were sold at a weighted average price of $10.1601, with prices ranging from $9.99 to $10.24.
- On October 10th, 5,988 shares were sold at a weighted average price of $10.1106, with prices ranging from $10.005 to $10.165.
- Following these transactions, Remer directly owns 1,217,452 shares and indirectly owns 8,089,640 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 document is a standard SEC filing reporting insider trading activity. The sentiment is neutral as it simply reports facts without expressing any positive or negative views.
Industry Context
Insider sales are a common occurrence in publicly traded companies and are often viewed in the context of overall company performance and market conditions. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on any specific non-public information.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of Rule 10b5-1 trading plan |
| 10/08/2024 | Date of first reported transaction |
| 10/09/2024 | Date of second reported transaction |
| 10/10/2024 | Date of third reported transaction and filing date |
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