Form 4: EverCommerce Chief Legal Officer Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
EverCommerce Inc.'s Chief Legal Officer, Lisa E. Storey, reported a disposition of 1,170 shares of common stock valued at $10.17 per share, primarily for tax withholding purposes related to vested Restricted Stock Units.
Summary
- Lisa E. Storey, Chief Legal Officer of EverCommerce Inc. (EVCM), reported a transaction on June 3, 2025.
- The transaction involved the disposition of 1,170 shares of EverCommerce common stock.
- The shares were disposed of at a price of $10.17 per share.
- This disposition was identified with transaction code 'F', indicating shares withheld by the Issuer to cover the reporting person's tax withholding obligation.
- The tax withholding was upon the vesting of Restricted Stock Units (RSUs) that were granted on March 3, 2023.
- Following this transaction, Lisa E. Storey beneficially owns 211,468 shares of EverCommerce common stock directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine administrative transaction (tax withholding) and does not reflect a discretionary sale or purchase by the insider, nor does it indicate any operational or financial performance.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report, common across all publicly traded companies, reflecting the administrative process of equity compensation vesting and associated tax obligations. It does not provide insights into broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale indicating a change in confidence or a significant shift in ownership structure.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Date Restricted Stock Units (RSUs) were granted. |
| 06/03/2025 | Date of transaction (disposition of shares for tax withholding). |
| 06/05/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
EverCommerce, EVCM, Form 4, Insider Transaction, Stock Ownership, Chief Legal Officer, Lisa Storey, Restricted Stock Units, Tax Withholding, Equity Compensation
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