Form 4: EverCommerce CEO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
EverCommerce Inc. CEO Eric Richard Remer sold 32,100 shares of common stock and had 13,522 shares withheld for taxes in early December 2025, all under a pre-arranged trading plan.
Summary
- Eric Richard Remer, CEO and Director of EverCommerce Inc. (EVCM), reported transactions involving the company's common stock.
- On December 2, 2025, Remer sold 4,056 shares of common stock at a weighted average price of $9.0106 per share, with prices ranging from $9.00 to $9.03.
- On December 3, 2025, Remer sold an additional 28,044 shares of common stock at a weighted average price of $9.1761 per share, with prices ranging from $9.00 to $9.34.
- Also on December 3, 2025, 13,522 shares of common stock were withheld by the company at a price of $9.32 to cover tax withholding obligations related to the vesting of Restricted Stock Units granted on March 3, 2023.
- All sale transactions were executed pursuant to a Rule 10b5-1 trading plan established on June 12, 2025.
- Following these transactions, Remer directly beneficially owns 2,905,707 shares of common stock.
- Indirect beneficial ownership includes 28,999 shares by Family Trust 1, 1,000,000 shares by EMJ Remer Family Trust, 35,000 shares by Remer Family Trust, and 5,148,663 shares by Buckrail Partners, LLC.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While insider selling can sometimes be viewed negatively, these transactions were pre-planned under a Rule 10b5-1 plan, which mitigates the immediate negative signal often associated with opportunistic insider sales. The withholding of shares for tax obligations is also a routine event upon RSU vesting.
Positives
- The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled transaction rather than a reaction to immediate, non-public information.
Negatives
- The CEO's direct beneficial ownership of common stock decreased by a total of 45,622 shares (32,100 sold and 13,522 withheld for taxes).
Future Outlook
NA
Industry Context
This filing is a standard insider transaction report and does not provide specific industry context or trends. It reflects individual stock management by a key executive.
Related Party Transactions
- The reporting person has indirect beneficial ownership through several family trusts (Family Trust 1, EMJ Remer Family Trust, Remer Family Trust) and Buckrail Partners, LLC, which are considered related parties.
Stakeholder Impact
- Shareholders may observe a reduction in the CEO's direct stake, which could be interpreted in various ways, though the pre-planned nature of the sales under a 10b5-1 plan typically lessens concerns about immediate negative implications.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Grant date of Restricted Stock Units (RSUs) to the reporting person. |
| 06/12/2025 | Date of the Rule 10b5-1 trading plan under which the reported sales were made. |
| 12/02/2025 | Transaction date for the sale of 4,056 shares of common stock. |
| 12/03/2025 | Transaction date for the sale of 28,044 shares of common stock and the withholding of 13,522 shares for tax obligations. |
| 12/04/2025 | Filing date of the Form 4 statement. |
Recommendation
holdThis Form 4 filing details routine insider transactions, specifically sales and tax withholdings under a pre-established 10b5-1 trading plan. While it indicates a reduction in the CEO's direct ownership, the pre-planned nature suggests these are not reactive sales based on new, adverse information. As such, this filing alone does not provide sufficient new information to warrant a change in investment recommendation. Investors should consider this data point in conjunction with the company's broader financial performance, strategic outlook, and market conditions.
Keywords
EverCommerce, EVCM, Insider Trading, Form 4, Stock Sale, CEO, Eric Remer, 10b5-1 Plan, Restricted Stock Units
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