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

EverCommerce CEO Eric Richard Remer executed sales of common stock on January 7th and 8th, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Eric Richard Remer, CEO of EverCommerce Inc., reported the sale of company common stock on January 7th and 8th, 2025.
• On January 7th, 5,453 shares were sold at a weighted average price of $10.559 per share, with individual prices ranging from $10.465 to $10.855.
• On January 8th, 7,000 shares were sold at a weighted average price of $10.4796 per share, with individual prices ranging from $10.36 to $10.58.
• The sales were conducted under a Rule 10b5-1 trading plan established on June 14, 2024.
• Following these transactions, Remer directly owns 1,181,486 shares and indirectly owns shares through various trusts and entities, including 7,885,772 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 regulatory filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a report of transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan suggests that these sales were pre-planned and not based on any inside information at the time of the transactions.

Stakeholder Impact

• The stock sales by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on their individual investment strategies and interpretations of insider transactions.

Key Dates