Form 4: Semrush CFO Brian Mulroy Sells Shares to Cover Tax Obligations

Brian Mulroy, CFO of Semrush Holdings, sold 4,207 shares of Class A Common Stock on April 11, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On April 11, 2025, Brian Mulroy, the Chief Financial Officer of Semrush Holdings, Inc., sold 4,207 shares of Class A Common Stock.
• The sale was executed to meet tax withholding obligations arising from the vesting of restricted stock units (RSUs) on April 10, 2025.
• The shares were sold at a weighted average price of $8.61, with individual transactions ranging from $8.49 to $8.83.
• Following the transaction, Mulroy still beneficially owns 694,351 shares, a portion of which are RSUs, each representing the right to receive one share of Class A Common Stock upon vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is related to tax obligations, not a discretionary sale, suggesting no change in the executive's outlook on the company.

Management Comments

• The sale does not represent a discretionary trade by the Reporting Person.

Industry Context

Form 4 filings are a routine part of insider trading activity and are used to disclose transactions by company insiders. This sale appears to be related to tax obligations and not necessarily indicative of a change in sentiment regarding the company's prospects.

Key Dates

Keywords

Semrush, Brian Mulroy, CFO, stock sale, Form 4, tax obligations, RSUs, SEMR