Form 4: EverCommerce CFO Marc Christopher Thompson Reports Stock Sale to Cover Taxes
SEC Form 4
EverCommerce's CFO, Marc Christopher Thompson, sold 4,384 shares of common stock on June 7, 2024, to cover taxes related to vesting restricted stock units.
Summary
- On June 7, 2024, Marc Christopher Thompson, the CFO of EverCommerce Inc., sold 4,384 shares of common stock.
- The sale was executed at a weighted average price of $9.52 per share.
- The transaction was conducted to cover taxes upon the vesting of restricted stock units (RSUs).
- The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 29, 2023.
- Following the transaction, Thompson directly owns 1,191,859 shares and indirectly owns 70,000 shares through a family trust.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale for tax purposes, which is neutral in sentiment.
Industry Context
Sales of shares to cover taxes on vesting equity are a normal part of executive compensation and are not necessarily indicative of the executive's view of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/29/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 06/07/2024 | Date of stock sale transaction |
| 06/11/2024 | Date of Form 4 filing |
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