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 February 11, 12, and 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Eric Richard Remer, CEO of EverCommerce Inc., reported the sale of common stock on February 11, 12, and 13, 2025.
- The sales were executed under a Rule 10b5-1 trading plan established on June 14, 2024.
- On February 11, 2025, 13,856 shares were sold at a weighted average price of $10.8075.
- On February 12, 2025, 8,718 shares were sold at a weighted average price of $10.7897.
- On February 13, 2025, 8,720 shares were sold at a weighted average price of $10.8024.
- Following these transactions, Remer directly owns 1,181,486 shares and indirectly owns 7,765,658 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 Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions under a pre-existing trading plan.
Industry Context
Insider trading activity is always closely watched by investors as it can provide signals, though often noisy, about management's view of the company's prospects. Sales under a 10b5-1 plan are generally less informative since they are pre-planned.
Stakeholder Impact
- The share sales may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of Rule 10b5-1 trading plan |
| 02/11/2025 | Date of first reported transaction |
| 02/12/2025 | Date of second reported transaction |
| 02/13/2025 | Date of third reported transaction |
Keywords
Form 4, insider trading, Rule 10b5-1, share sale, Eric Remer, EverCommerce, EVCM, CEO
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.