Form 4: Semrush Holdings Chief Legal Officer Reports Stock Transaction

David W. Mason, Chief Legal Officer of Semrush Holdings, Inc., reports the withholding of 1,541 shares of Class A Common Stock to cover tax obligations related to vested restricted stock units on May 1, 2025.

Summary

• On May 2, 2025, David W. Mason, the Chief Legal Officer of Semrush Holdings, Inc., filed a Form 4 with the SEC.
• The report details a transaction on May 1, 2025, where 1,541 shares of Class A Common Stock were withheld by Semrush Holdings to satisfy tax obligations.
• This withholding was related to the vesting of restricted stock units (RSUs) previously granted to Mr. Mason.
• The price per share for the transaction was $10.38.
• Following the transaction, Mr. Mason beneficially owns 271,383 shares of Class A Common Stock, a portion of which are represented by RSUs.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a standard transaction related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of RSUs and the subsequent withholding of shares to cover tax obligations, a common practice in executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's compensation and tax obligations.

Key Dates

Keywords

Form 4, SEMrush Holdings, David W. Mason, Class A Common Stock, Restricted Stock Units, Tax Withholding, Beneficial Ownership, SEC Filing