Form 4: Semrush Holdings CTO Oleg Shchegolev Sells 2.5 Million Shares

Oleg Shchegolev, CTO of Semrush Holdings, sold 2,500,000 shares of Class A Common Stock at $10.01 per share on May 20, 2025.

Summary

• Oleg Shchegolev, the Chief Technology Officer of Semrush Holdings, Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on May 20, 2025, where 2,500,000 shares of Class A Common Stock were sold at a price of $10.01 per share.
• The shares were sold by The Oleg Shchegolev Irrevocable Non-Exempt Trust of 2020 to a registered broker in a block trade.
• Following the reported transaction, Shchegolev indirectly owns 26,739,320 shares through The Oleg Shchegolev Irrevocable Non-Exempt Trust of 2020, 7,402,719 shares directly, and 3,094,714 shares indirectly through Shchegolev Holdings, LLC.

Sentiment

Score: 5

Explanation: Neutral. This is a standard SEC filing related to an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of a significant number of shares by a key executive could potentially create short-term uncertainty among shareholders.

Key Dates

Keywords

Form 4, SEMR, Semrush Holdings, Oleg Shchegolev, stock sale, insider trading, Class A Common Stock