Form 4: Semrush Holdings Director Receives Shares via Pro Rata Distribution

Director Dylan Pearce receives 4,102 shares of Semrush Holdings Class A Common Stock through a pro rata distribution from Greycroft Growth II, L.P.

Summary

• On June 12, 2024, Dylan Pearce, a director of SEMrush Holdings, Inc., acquired 4,102 shares of Class A Common Stock.
• The acquisition was a result of a pro rata distribution in kind, without consideration, from Greycroft Growth II, L.P.
• Following the transaction, Pearce directly owns 7,520 shares of Class A Common Stock.
• Pearce previously reported indirect beneficial ownership of securities held by Greycroft, but these are no longer considered beneficially owned due to lack of investment or dispositive power.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a change in ownership.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This transaction is a routine disclosure of a change in beneficial ownership by a company insider, which is common in the corporate world. It provides transparency to investors regarding the holdings of key individuals within the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders by providing insight into the ownership structure of the company.

Key Dates