Form 4: Semrush Holdings Executive Andrew Warden Sells Shares

Andrew Warden, Chief Marketing Officer of Semrush Holdings, sold a total of 17,999 shares of Class A Common Stock in two transactions on May 12 and May 13, 2025.

Summary

• Andrew Warden, the Chief Marketing Officer of Semrush Holdings, sold 7,344 shares of Class A Common Stock on May 12, 2025, at a weighted average price of $10.81 per share.
• The prices for these shares ranged from $10.80 to $10.84.
• Following this transaction, Warden directly owns 393,655 shares, a portion of which are Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Semrush's Class A Common Stock upon vesting.
• On May 13, 2025, Warden sold an additional 10,656 shares of Class A Common Stock at a weighted average price of $10.89 per share, with prices ranging from $10.86 to $10.92.
• After this second transaction, Warden directly owns 382,999 shares, including RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider sales in various ways.

Industry Context

This Form 4 filing indicates insider trading activity, which is a common occurrence for executives of publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• Shareholders may react to the news of the stock sale, potentially influencing the stock price.

Key Dates

Keywords

Semrush Holdings, Andrew Warden, insider trading, Form 4, stock sale, SEMR, Class A Common Stock, RSU