Form 4: EverCommerce CEO's Tax-Related Stock Sale
Insider Transaction Report
EverCommerce CEO Eric Richard Remer reported a disposition of 11,969 common shares to cover tax obligations related to RSU vesting.
Summary
- Eric Richard Remer, Chief Executive Officer and Director of EverCommerce Inc. (EVCM), reported a transaction on March 5, 2026.
- The transaction involved the disposition of 11,969 shares of common stock at a price of $12.13 per share.
- This disposition was a non-discretionary 'F' transaction code, indicating shares withheld by the Issuer to cover tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) granted on March 5, 2025.
- Following this transaction, Eric Richard Remer directly beneficially owns 2,572,117 shares of common stock.
- Indirect beneficial ownership includes 5,148,663 shares through Buckrail Partners, LLC, 35,000 shares through Remer Family Trust, 1,000,000 shares through EMJ Remer Family Trust, and 28,999 shares through Family Trust 1.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction for tax withholding purposes upon RSU vesting, which is a standard practice in executive compensation.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that tax-related dispositions of shares upon RSU vesting are a common and routine occurrence for executives in publicly traded companies across various industries. This type of transaction is typically non-discretionary and part of standard compensation practices.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's discretionary investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date Restricted Stock Units (RSUs) were granted to Eric Richard Remer. |
| 03/05/2026 | Date of transaction where shares were disposed to cover tax withholding upon RSU vesting. |
| 03/06/2026 | Date the Form 4 was signed by Lisa Storey, Attorney-in-fact. |
Keywords
EverCommerce, EVCM, Eric Richard Remer, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Common Stock
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