Form 4: EverCommerce COO Evan Berlin Disposes of Shares to Cover Tax Obligations

EverCommerce Inc. COO Evan Berlin disposed of 2,002 shares of common stock on September 3, 2024, to cover tax withholding obligations upon the vesting of Restricted Stock Units.

Summary

• On September 3, 2024, Evan Berlin, the Chief Operating Officer of EverCommerce Inc., disposed of 2,002 shares of common stock.
• The transaction was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs) granted on March 1, 2022, and March 3, 2023.
• The shares were disposed of at a price of $10.35 per share.
• Following the transaction, Berlin directly owns 256,168 shares of EverCommerce Inc.
• The transaction was reported on September 4, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction to cover tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from the vesting of stock awards.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it is a routine disposal of shares to cover tax obligations.

Key Dates