Form 4: EverCommerce Inc. President Matthew Feierstein Reports Stock Sales

Matthew Feierstein, President of EverCommerce Inc., reports the sale of common stock in multiple transactions, along with shares withheld for tax obligations.

Summary

• Matthew Feierstein, President of EverCommerce Inc., filed a Form 4 detailing changes in beneficial ownership.
• On April 1, 2025, Feierstein sold 21,624 shares of common stock at a weighted average price of $10.1288, with prices ranging from $10.00 to $10.22.
• An additional 1,246 shares were withheld by EverCommerce to cover Feierstein's tax obligations related to vesting Restricted Stock Units granted on July 1, 2021.
• On April 2, 2025, Feierstein sold 3,376 shares of common stock at a weighted average price of $10.1013, with prices ranging from $10.00 to $10.17.
• All sales were executed under a pre-arranged Rule 10b5-1 trading plan established on September 6, 2024.
• Following these transactions, Feierstein directly owns 2,366,006 shares of EverCommerce Inc. common stock and indirectly owns 150,000 shares through a family trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock sales by an officer under a pre-existing trading plan. There's no indication of positive or negative implications for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The stock sales by a company officer could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, EverCommerce Inc., Matthew Feierstein, Rule 10b5-1, Insider Trading