Form 4: EverCommerce Inc. Chief Legal Officer Lisa E. Storey Reports Stock Sale to Cover Taxes

Lisa E. Storey, Chief Legal Officer of EverCommerce Inc., sold 748 shares of common stock on June 4, 2024, to cover taxes upon the vesting of restricted stock units.

Summary

• On June 4, 2024, Lisa E. Storey, the Chief Legal Officer of EverCommerce Inc., sold 748 shares of EverCommerce Inc. common stock.
• The sale was executed at a weighted average price of $9.5 per share.
• The transaction was conducted to cover taxes upon the vesting of restricted stock units (RSUs).
• The sale was made pursuant to a mandatory Rule 10b5-1 trading instruction adopted by Storey on March 28, 2022.
• Following the transaction, Storey directly owns 158,515 shares of EverCommerce Inc. common stock and indirectly owns 2,941 shares through a spouse.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale to cover taxes) by an executive, which is neither particularly positive nor negative.

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 stock awards.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial condition.

Key Dates