Form 4: SEMrush Director Anna Baird Granted 17,962 Restricted Stock Units

SEMrush Holdings, Inc. director Anna Baird was granted 17,962 restricted stock units (RSUs) on June 9, 2025, as part of the company's non-employee director compensation policy.

Summary

• Anna Baird, a Director of SEMrush Holdings, Inc. (SEMR), was granted 17,962 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction occurred on June 9, 2025, with a reported acquisition price of $0 per RSU, which is typical for equity grants.
• Following this transaction, Anna Baird beneficially owns a total of 44,518 shares of SEMrush Class A Common Stock, a portion of which are also RSUs.
• These newly granted RSUs are scheduled to vest in full upon the earlier of June 9, 2026, or the date of the Issuer's next annual meeting of stockholders, contingent on her continued service relationship with the Issuer.
• The grant was made under the Issuer's established Non-Employee Director Compensation Policy.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it represents a routine compensation event that aligns director interests with shareholders, without indicating any negative operational or financial news.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Anna Baird aligns her financial interests with those of shareholders, as the value of her compensation is directly tied to the company's stock performance.
• The transaction reflects the company's standard compensation policy for non-employee directors, indicating a structured and transparent approach to corporate governance and executive incentives.

Negatives

• No specific negative aspects are identified in this routine compensation filing.

Risks

• The vesting of the granted RSUs is contingent upon the reporting person's continued service relationship with SEMrush Holdings, Inc., meaning the shares could be forfeited if service ceases before the vesting conditions are met.

Future Outlook

The granted Restricted Stock Units are scheduled to vest in full upon the earlier of June 9, 2026, or the date of SEMrush's next annual meeting of stockholders, contingent on the director's continued service.

Industry Context

This Form 4 filing details a routine equity compensation grant to a non-employee director, a common practice across various industries, including the software and digital marketing analytics sector where SEMrush operates. Such grants are standard mechanisms to attract and retain qualified board members and align their long-term interests with company performance.

Corporate Governance

Related Party Transactions

• The grant of 17,962 Restricted Stock Units to Anna Baird, a Director of SEMrush Holdings, Inc., constitutes a related party transaction as it involves compensation to a member of the company's board of directors.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value creation, as the value of the RSUs depends on the company's stock performance.
• Employees: No direct impact on general employees is indicated by this filing.
• Management: The compensation structure for directors can influence the quality and commitment of board members, indirectly supporting management's strategic objectives.

Next Steps

• Vesting of the 17,962 Restricted Stock Units (RSUs) upon the earlier of June 9, 2026, or the date of the Issuer's next annual meeting of stockholders.
• Continued service of Anna Baird as a Director of SEMrush Holdings, Inc. for the RSUs to vest.

Key Dates

Keywords

SEMrush Holdings Inc., SEMR, Form 4, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Insider Transaction, Anna Baird, Class A Common Stock