Form 4: EverCommerce Chief Legal Officer Lisa Storey Reports Stock Transaction

Lisa Storey, Chief Legal Officer of EverCommerce Inc., reported a transaction involving the withholding of shares to cover tax obligations.

Summary

• Lisa Storey, the Chief Legal Officer of EverCommerce Inc., filed a Form 4 indicating a transaction on December 1, 2024.
• The transaction involved the withholding of 727 shares of common stock to cover tax obligations related to the vesting of Restricted Stock Units.
• The shares were withheld at a price of $12.22 per share.
• Following the transaction, Ms. Storey directly owns 142,387 shares of EverCommerce common stock.
• She also indirectly owns 2,941 shares through her spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to stock transactions by company insiders, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider stock transactions.
• The withholding of shares for tax obligations is a common occurrence when restricted stock units vest.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares being withheld for tax purposes.

Key Dates

Keywords

Form 4, EverCommerce, Stock Transaction, Lisa Storey, Chief Legal Officer, Beneficial Ownership, Restricted Stock Units, Tax Withholding