Form 4: EverCommerce President Reports Tax Withholding Transaction
Statement of Changes in Beneficial Ownership
EverCommerce President Matthew Feierstein reported the withholding of 10,302 shares to cover tax obligations related to RSU vesting.
Summary
- Matthew Feierstein, President of EverCommerce Inc., executed a transaction involving the withholding of 10,302 shares of common stock.
- The shares were withheld by the company to satisfy tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
- The transaction occurred on June 5, 2026, at a price of $9.20 per share.
- Following these transactions, the reporting person maintains direct beneficial ownership of 2,080,627 shares and indirect ownership of 150,000 shares via a family trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax withholding rather than a strategic or market-driven move.
Positives
- The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of stock.
- The reporting person retains a significant equity stake of over 2.2 million shares, signaling continued alignment with shareholder interests.
Negatives
- The transaction results in a minor reduction in the reporting person's direct share count.
Risks
- None identified; this is a standard tax-related withholding event.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive compensation and does not reflect a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for equity-based compensation tax handling, consistent with public company norms in the software and services sector.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Key Dates
| Date | Description |
|---|---|
| 06/05/2026 | Date of the RSU vesting and associated tax withholding transaction. |
| 06/08/2026 | Date of the filing of the Form 4. |
Keywords
EverCommerce, EVCM, Insider Trading, Form 4, Tax Withholding, Matthew Feierstein
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