Form 4: EverCommerce Inc. President Matthew Feierstein Sells Shares to Cover Taxes
SEC Form 4 Filing
Matthew Feierstein, President of EverCommerce Inc., sold 1,820 shares of common stock on June 4, 2024, to cover taxes related to vesting restricted stock units.
Summary
- On June 4, 2024, Matthew David Feierstein, President of EverCommerce Inc., sold 1,820 shares of the company's common stock.
- The sale was executed to cover taxes upon the vesting of restricted stock units (RSUs).
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2022.
- The shares were sold at a weighted average price of $9.5 per share.
- Following the transaction, Feierstein directly owns 2,303,792 shares of EverCommerce Inc. common stock and indirectly owns 150,000 shares through a family trust.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover taxes on vesting RSUs are a common practice among corporate executives and are generally not indicative of a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 2022-08-28 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-06-04 | Date of stock sale transaction |
| 2024-06-06 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.