Form 4: EverCommerce CFO Marc Christopher Thompson Sells Shares to Cover Taxes
SEC Form 4
EverCommerce CFO Marc Christopher Thompson sold 1,947 shares of common stock on July 2, 2024, to cover taxes upon the vesting of restricted stock units.
Summary
- On July 2, 2024, Marc Christopher Thompson, the Chief Financial Officer of EverCommerce Inc., sold 1,947 shares of common stock at a price of $11.07 per share.
- The sale was executed to cover taxes upon the vesting of restricted stock units (RSUs).
- Following the transaction, Thompson directly owns 1,189,912 shares of EverCommerce Inc.
- Thompson also indirectly owns 70,000 shares through a family trust.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 25, 2021.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally viewed as routine transactions.
Key Dates
| Date | Description |
|---|---|
| September 25, 2021 | Date the Reporting Person adopted the Rule 10b5-1 trading plan. |
| July 02, 2024 | Date of the transaction (sale of shares). |
| July 03, 2024 | Date of signature on the Form 4 filing. |
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