Form 4: EverCommerce Chief Legal Officer Reports Routine Stock Disposition for Tax Obligations
Insider Transaction Report
EverCommerce Inc.'s Chief Legal Officer, Lisa E. Storey, reported the disposition of 727 shares of common stock at $9.88 per share to cover tax withholding obligations upon the vesting of Restricted Stock Units.
Summary
- Lisa E. Storey, Chief Legal Officer of EverCommerce Inc. (EVCM), filed a Form 4 detailing an insider transaction.
- The filing reports a transaction on June 1, 2025, involving the disposition of 727 shares of EverCommerce Common Stock.
- These shares were withheld by the Issuer at a price of $9.88 per share to cover the reporting person's tax withholding obligation.
- The tax obligation arose from the vesting of Restricted Stock Units (RSUs) that were originally granted on March 1, 2022.
- Following this transaction, Lisa E. Storey beneficially owns 212,638 shares of EverCommerce Common Stock directly.
Sentiment
Score: 5
Explanation: The document reports a routine, non-discretionary transaction (tax withholding for RSU vesting) by an insider, which is neutral in terms of company performance or insider sentiment.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing, detailing an insider's routine stock disposition for tax purposes, is specific to EverCommerce Inc. and does not provide broader industry context or trends.
Comparison to Industry Standards
- This document reports a standard insider transaction related to RSU vesting and tax withholding, which is a common practice across publicly traded companies.
- It does not provide data points for comparison to specific industry benchmarks, comparable companies, or project results.
Stakeholder Impact
- The transaction has a minimal and routine impact on shareholders, as it represents a standard tax-related disposition of shares by an executive upon RSU vesting, not a discretionary sale.
Next Steps
- This Form 4 filing does not outline any specific future actions, events, or milestones for the company or the reporting person beyond the completion of this transaction.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date Restricted Stock Units (RSUs) were granted. |
| 06/01/2025 | Date of transaction (disposition of shares for tax withholding). |
| 06/03/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
EverCommerce, EVCM, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU Vesting, Tax Withholding, Corporate Officer
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