Form 4: EverCommerce Chief Legal Officer Disposes of Shares for Tax Obligations

EverCommerce Inc.'s Chief Legal Officer, Lisa E. Storey, reported the disposition of 1,228 shares of common stock to satisfy tax withholding obligations upon the vesting of Restricted Stock Units.

Summary

• Lisa E. Storey, the Chief Legal Officer of EverCommerce Inc. (EVCM), filed a Form 4 reporting a transaction on May 22, 2025.
• The transaction involved the disposition of 1,228 shares of EverCommerce common stock at a price of $9.94 per share.
• This disposition was specifically for the purpose of covering the reporting person's tax withholding obligation upon the vesting of Restricted Stock Units (RSUs) that were granted on February 22, 2024.
• Following this reported transaction, Ms. Storey beneficially owns 213,365 shares of EverCommerce common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax obligations upon RSU vesting, indicating no specific positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The disposition of shares by Chief Legal Officer Lisa E. Storey was solely to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Units.

Industry Context

This transaction is a routine insider filing common across all publicly traded companies, reflecting the standard process for executives to cover tax liabilities associated with the vesting of equity compensation, rather than a reflection of specific industry trends.

Comparison to Industry Standards

• The disposition of shares to cover tax withholding upon RSU vesting is a standard and widely accepted practice for executive compensation across all industries and company sizes.
• This type of transaction is not indicative of a discretionary sale based on market sentiment but rather a pre-determined event tied to compensation agreements.

Related Party Transactions

• The transaction involves the disposition of shares to the issuer (EverCommerce Inc.) to cover tax withholding obligations, which is a standard compensation-related interaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, non-discretionary transaction related to executive compensation.
• Employees: No direct impact on the broader employee base beyond the reporting person's compensation structure.

Key Dates

Keywords

EverCommerce, EVCM, Form 4, Insider Transaction, Stock Disposition, RSU Vesting, Tax Withholding, Lisa Storey, Chief Legal Officer