Form 4: Semrush Holdings President Eugenie Levin Sells Shares Under 10b5-1 Trading Plan

Eugenie Levin, President of Semrush Holdings, sold shares of Class A Common Stock on February 3rd and 4th, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Eugenie Levin, President of Semrush Holdings, Inc., reported the sale of Class A Common Stock.
• The sales occurred on February 3, 2025, and February 4, 2025.
• A total of 16,240 shares were sold.
• The sales were executed under a Rule 10b5-1 trading plan adopted on May 15, 2023, and modified on August 8, 2024.
• The price per share on February 3rd ranged from $17.00 to $17.50, with a weighted average price of $17.11.
• On February 4th, 1,147 shares were sold at $17.5 per share.
• Following these transactions, Levin directly owns 492,309 shares of Class A Common Stock, including restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports stock sales under a pre-arranged plan, with no indication of positive or negative implications for the company.

Industry Context

Sales by company presidents are common and are often pre-planned to avoid insider trading accusations. The use of a 10b5-1 trading plan is a standard practice.

Comparison to Industry Standards

• Many executives at publicly traded companies use 10b5-1 trading plans to sell shares periodically.
• The volume of shares sold is relatively small compared to the total outstanding shares of Semrush Holdings.
• Similar sales activities are regularly observed among executives at companies like HubSpot, Salesforce, and Adobe.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.
• The sales are unlikely to significantly affect employees, customers, suppliers, or creditors.

Key Dates

Keywords

Semrush Holdings, Eugenie Levin, Form 4, Stock Sale, Rule 10b5-1, Insider Trading, Class A Common Stock, SEMR