Form 4: Semrush Holdings President Sells 43,200 Shares Under 10b5-1 Trading Plan

Eugenie Levin, President of Semrush Holdings, sold 43,200 shares of Class A Common Stock at an average price of $15.39, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Eugenie Levin, President of Semrush Holdings, executed a sale of 43,200 shares of Class A Common Stock on January 17, 2025.
• The shares were sold at a weighted average price of $15.39 per share.
• The sale was conducted under a pre-existing Rule 10b5-1 trading plan, originally adopted on May 15, 2023, and modified on August 8, 2024.
• The sale price ranged from $15.10 to $15.60 per share.
• Following the transaction, Levin beneficially owns 537,349 shares of Semrush Holdings.
• A portion of these shares are restricted stock units (RSUs), each representing a right to receive one share of Class A Common Stock upon vesting.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive under a pre-arranged trading plan. It does not suggest any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 trading plans to manage their stock sales and avoid accusations of trading on inside information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice among corporate executives to manage stock sales.
• The reported price range of $15.10 to $15.60 is within the typical trading range for Semrush stock.
• Similar filings are common across all publicly traded companies, such as those from executives at companies like HubSpot or Adobe, which also operate in the SaaS space.

Stakeholder Impact

• The stock sale by a company executive may have a minor impact on investor sentiment, but is unlikely to significantly affect the share price due to the pre-arranged nature of the sale.

Key Dates

Keywords

Semrush Holdings, insider trading, Form 4, stock sale, Rule 10b5-1, Eugenie Levin, equity securities, Class A Common Stock