Form 4: EverCommerce CEO Eric Remer Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
EverCommerce CEO Eric Richard Remer sold shares of common stock on March 18, 19, and 20, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Eric Richard Remer, CEO of EverCommerce Inc., reported the sale of common stock on March 18, 2025, March 19, 2025, and March 20, 2025.
- The sales were executed under a Rule 10b5-1 trading plan established on June 14, 2024.
- On March 18, 2025, 9,981 shares were sold at a weighted average price of $9.8717, with prices ranging from $9.65 to $9.98.
- On March 19, 2025, 16,424 shares were sold at a weighted average price of $9.9874, with prices ranging from $9.75 to $10.08.
- On March 20, 2025, 13,552 shares were sold at a weighted average price of $9.9742, with prices ranging from $9.56 to $10.06.
- Following these transactions, Eric Remer continues to beneficially own a significant number of EverCommerce Inc. shares both directly and indirectly through various trusts and entities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on inside information. It is common practice.
Stakeholder Impact
- The sale of shares by the CEO could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates concerns about insider trading.
- The impact on employees, customers, suppliers, and creditors is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of Rule 10b5-1 trading plan |
| 03/18/2025 | Date of first reported transaction |
| 03/19/2025 | Date of second reported transaction |
| 03/20/2025 | Date of third reported transaction |
Keywords
EverCommerce, Eric Remer, Form 4, Share Sales, 10b5-1 Trading Plan, Beneficial Ownership, EVCM
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.