Form 4: EverCommerce CFO Sells Shares for Tax Obligations
Insider Transaction Report
EverCommerce Inc.'s Chief Financial Officer, Ryan H. Siurek, reported the sale of common stock to cover tax withholding obligations related to RSU vesting.
Summary
- Ryan H. Siurek, Chief Financial Officer of EverCommerce Inc., reported two transactions involving the disposition of common stock.
- On February 20, 2026, 472 shares of common stock were withheld by the issuer at a price of $10.32 per share to cover tax obligations from Restricted Stock Units (RSUs) granted on August 20, 2024.
- On February 23, 2026, an additional 1,652 shares of common stock were withheld at a price of $10.06 per share for tax obligations from RSUs granted on February 22, 2024.
- Following these transactions, Siurek beneficially owns 224,081 shares of EverCommerce Inc. common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, representing a standard insider transaction for tax purposes upon RSU vesting, which does not reflect a change in management's outlook or company performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, particularly for tax-related sales upon RSU vesting, which are common across all industries for publicly traded companies. This specific filing does not provide information to analyze broader industry trends for EverCommerce.
Related Party Transactions
- Disposition of 472 shares of common stock by Ryan H. Siurek to EverCommerce Inc. to cover tax withholding obligations upon RSU vesting.
- Disposition of 1,652 shares of common stock by Ryan H. Siurek to EverCommerce Inc. to cover tax withholding obligations upon RSU vesting.
Stakeholder Impact
- Shareholders: The transactions represent routine tax-related dispositions of shares by an insider, which typically have a negligible impact on the overall ownership structure or company valuation.
- Employees: The RSU vesting and subsequent tax withholding are standard components of executive compensation plans.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Grant date of Restricted Stock Units related to the February 23, 2026 transaction. |
| 08/20/2024 | Grant date of Restricted Stock Units related to the February 20, 2026 transaction. |
| 02/20/2026 | Transaction date for the disposition of 472 shares of common stock for tax withholding. |
| 02/23/2026 | Transaction date for the disposition of 1,652 shares of common stock for tax withholding. |
| 02/24/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 filing details routine tax-related dispositions of shares by the CFO upon RSU vesting. Such transactions are common and do not typically indicate a change in the company's fundamentals or the insider's long-term view, thus a 'hold' recommendation remains appropriate based solely on this filing.
Keywords
EverCommerce, EVCM, Form 4, Insider Transaction, CFO, Ryan H. Siurek, Restricted Stock Units, RSU Vesting, Tax Withholding, Stock Sale
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