EVCM.NASDAQEvercommerce INC

Form 4: EverCommerce Inc. President Matthew Feierstein Sells Shares

Sentiment:

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

DateDescription
2024-09-06Date of Rule 10b5-1 trading plan
2025-03-17Date of first stock sale
2025-03-19Date of second stock sale

Keywords

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

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