Form 4: EverCommerce CEO Eric Remer Sells Shares Under 10b5-1 Trading Plan

Eric Remer, CEO of EverCommerce Inc., sold shares of common stock on September 17, 18, and 19, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Eric Remer, the CEO of EverCommerce Inc. (EVCM), reported the sale of common stock on September 17, 18, and 19, 2024.
• The sales were executed under a Rule 10b5-1 trading plan established on June 14, 2024.
• On September 17, 2024, 10,311 shares were sold at a weighted average price of $10.6913, with prices ranging from $10.565 to $10.75.
• On September 18, 2024, 7,090 shares were sold at a weighted average price of $10.6044, with prices ranging from $10.42 to $10.765.
• On September 19, 2024, 7,099 shares were sold at a weighted average price of $10.6924, with prices ranging from $10.58 to $10.78.
• Following these transactions, Eric Remer continues to beneficially own a significant amount of EverCommerce stock both directly and indirectly through various trusts and entities.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as these transactions are often pre-planned and part of personal financial management.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that these sales were executed under a pre-arranged 10b5-1 trading plan suggests they were planned in advance and not based on any immediate inside information.

Stakeholder Impact

• The stock sales could have a minor negative impact on shareholder sentiment, although the existence of a 10b5-1 plan mitigates concerns about insider information being used for trading.

Key Dates