Form 4: EverCommerce CFO Disposes of Shares for Tax Obligations Following RSU Vesting
Insider Transaction Report
EverCommerce Inc.'s Chief Financial Officer, Ryan H. Siurek, disposed of 2,606 shares of common stock on June 5, 2025, at a price of $10.24 per share to cover tax withholding obligations related to Restricted Stock Unit vesting.
Summary
- Ryan H. Siurek, Chief Financial Officer of EverCommerce Inc. (EVCM), reported a transaction on June 5, 2025.
- The transaction involved the disposition of 2,606 shares of EverCommerce common stock.
- The shares were disposed of at a price of $10.24 per share.
- This disposition was made to cover tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) that were granted on March 5, 2025.
- Following this transaction, Mr. Siurek beneficially owns 255,549 shares of EverCommerce common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes upon RSU vesting, which is a neutral event with no direct positive or negative implications for the company's operational performance or financial health.
Positives
- The vesting of Restricted Stock Units (RSUs) indicates that performance or time-based conditions for equity compensation have been met, reflecting the executive's continued tenure or achievement of goals.
Negatives
- No direct negatives identified as this is a routine tax-related transaction and not a discretionary sale by the insider.
Risks
- NA
Future Outlook
This document does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- NA
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.
Comparison to Industry Standards
- This Form 4 filing is a standard disclosure of an insider transaction for tax purposes and does not contain information for comparison to industry-specific operational or financial benchmarks.
Related Party Transactions
- NA
Stakeholder Impact
- This routine tax-related disposition by an executive has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it is a standard part of equity compensation.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date Restricted Stock Units (RSUs) were granted to the reporting person. |
| 06/05/2025 | Date of the reported transaction, involving the disposition of common stock. |
| 06/09/2025 | Date the Form 4 filing was signed by the attorney-in-fact for the reporting person. |
Keywords
EverCommerce, EVCM, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU, Tax Withholding, Chief Financial Officer, Ryan Siurek
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