Form 4: EverCommerce CFO Executes Tax Withholding Transaction
Statement of Changes in Beneficial Ownership
EverCommerce Inc. CFO Ryan H. Siurek reported the withholding of 399 shares to satisfy tax obligations related to RSU vesting.
Summary
- Ryan H. Siurek, Chief Financial Officer of EverCommerce Inc., engaged in a transaction involving the withholding of 399 shares of common stock.
- The transaction occurred on May 20, 2026, at a price of $10.35 per share.
- The shares were withheld by the issuer to cover mandatory tax withholding obligations resulting from the vesting of Restricted Stock Units (RSUs) granted on August 20, 2024.
- Following this transaction, the reporting person maintains beneficial ownership of 374,789 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine regulatory filing regarding tax withholding that does not signal a change in executive confidence or company performance.
Positives
- The transaction is a routine administrative action related to tax compliance rather than a discretionary sale of equity.
- The reporting person retains a significant equity stake of 374,789 shares, indicating continued alignment with shareholder interests.
Negatives
- None identified; this is a standard regulatory filing for tax withholding.
Risks
- None identified; this filing pertains to internal tax obligations and does not reflect operational or market risks.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard administrative disclosure common among publicly traded companies, reflecting routine equity compensation management rather than a change in corporate strategy or market sentiment.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive compensation and tax withholding.
- The practice of withholding shares to cover tax liabilities upon RSU vesting is a common industry practice for U.S. public companies.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related administrative process.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Original grant date of the Restricted Stock Units (RSUs) that vested. |
| 05/20/2026 | Date of the transaction involving the withholding of shares for tax purposes. |
| 05/21/2026 | Date of filing for the Form 4 statement. |
Keywords
EverCommerce, EVCM, Form 4, Insider Trading, Tax Withholding, CFO, Equity Compensation
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