Form 4: Semrush Director Anna Baird Sells 10,000 Shares of Class A Common Stock

Director Anna Baird sold 10,000 shares of Semrush Holdings, Inc. Class A Common Stock at an average price of $15.41 on May 31, 2024.

Summary

• On May 31, 2024, Anna Baird, a director of Semrush Holdings, Inc., sold 10,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $15.41 per share, with individual transaction prices ranging from $15.27 to $15.50.
• Following the transaction, Baird directly owns 34,534 shares of Semrush's Class A Common Stock, a portion of which are restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales of shares by company directors are a normal part of corporate governance. It is difficult to assess the impact of this sale without more context.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant unless part of a larger trend.

Key Dates