Form 4: EverCommerce Inc. President Matthew Feierstein Sells Shares
SEC Filing
Matthew Feierstein, President of EverCommerce Inc., reports selling shares of common stock in multiple transactions on March 17 and March 19, 2025.
Summary
- Matthew Feierstein, President of EverCommerce Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 17, 2025, Feierstein sold 8,963 shares of common stock at a weighted average price of $10.0225, with prices ranging from $10.00 to $10.07.
- Following this transaction, Feierstein directly owned 2,408,089 shares.
- On March 19, 2025, Feierstein sold 15,837 shares of common stock at a weighted average price of $10.0196, with prices ranging from $10.00 to $10.09.
- Following this transaction, Feierstein directly owned 2,392,252 shares.
- Feierstein also indirectly owns 150,000 shares through a family trust.
- The sales were executed under a Rule 10b5-1 trading plan established on September 6, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-existing trading plan. There's no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock sales by a company insider. It's common for executives to have pre-arranged trading plans to sell shares over time.
Stakeholder Impact
- The stock sales could have a minor impact on shareholders if they interpret the sales negatively, although the pre-arranged nature of the sales mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-09-06 | Date of Rule 10b5-1 trading plan |
| 2025-03-17 | Date of first stock sale |
| 2025-03-19 | Date of second stock sale |
Keywords
Form 4, Beneficial Ownership, EverCommerce Inc., EVCM, Matthew Feierstein, Stock Sale, Rule 10b5-1
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