Form 4: EverCommerce Inc. Chief Legal Officer Lisa E. Storey Reports Stock Sale to Cover Taxes
SEC Form 4
Lisa E. Storey, Chief Legal Officer of EverCommerce Inc., sold 325 shares of common stock on July 2, 2024, to cover taxes upon the vesting of restricted stock units.
Summary
- On July 2, 2024, Lisa E. Storey, the Chief Legal Officer of EverCommerce Inc., sold 325 shares of common stock.
- The sale was executed at a price of $11.07 per share.
- This transaction was made to cover taxes upon the vesting of restricted stock units (RSUs).
- The sale was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2022.
- Following the transaction, Storey directly owns 157,019 shares of EverCommerce Inc. common stock and indirectly owns 2,941 shares through a spouse.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale to cover taxes, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes upon the vesting of restricted stock units.
Stakeholder Impact
- The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 2022/06/14 | Date of adoption of Rule 10b5-1 trading plan by Lisa Storey. |
| 2024/07/02 | Date of stock sale transaction. |
| 2024/07/03 | Date of signature on the Form 4 filing. |
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