4/A: Semrush Holdings Executive Corrects Filing to Reflect Stock Conversions

Sentiment:

SEC Filing (Form 4/A)


Eugenie Levin, President of Semrush Holdings, files an amended Form 4/A to accurately reflect the conversion of Class B Common Stock to Class A Common Stock prior to sales reported in previous filings.

Summary

  • Eugenie Levin, President of Semrush Holdings, filed an amended SEC Form 4/A on March 10, 2025.
  • The amendment corrects previous filings from December 4, 2024, January 21, 2025, January 22, 2025, February 4, 2025, and February 18, 2025.
  • The correction indicates the conversion of Class B Common Stock to Class A Common Stock occurred before the sales transactions reported in the original Form 4 filings.
  • The reported transactions involve the conversion of Class B Common Stock into Class A Common Stock, followed by the acquisition of Class A Common Stock.
  • These transactions were executed under a Rule 10b5-1 trading plan.
  • As of the latest transactions, Levin directly owns 607,509 shares of Class A Common Stock and 1,038,000 shares of Class B Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily involves correcting a previous filing. There are no indications of significant positive or negative implications for the company.

Negatives

  • The need for an amended filing suggests an initial oversight in reporting the stock conversions.

Industry Context

This filing is a routine disclosure related to insider transactions and is specific to Semrush Holdings and its executives.

Key Dates

DateDescription
12/04/2024Date of earliest transaction and original filing; conversion of 14,400 Class B shares to Class A.
01/17/2025Conversion of 43,200 Class B shares to Class A.
01/21/2025Conversion of 28,800 Class B shares to Class A; date of original Form 4 filing.
02/03/2025Conversion of 15,093 Class B shares to Class A.
02/04/2025Conversion of 1,147 Class B shares to Class A; date of original Form 4 filing.
02/18/2025Conversion of 12,560 Class B shares to Class A; date of original Form 4 filing.
03/10/2025Date of amended filing (Form 4/A).

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