Form 4: Semrush Holdings President Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Eugenie Levin, President of Semrush Holdings, sold 4,075 shares of Class A Common Stock on April 2, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On April 2, 2025, Eugenie Levin, the President of Semrush Holdings, sold 4,075 shares of Class A Common Stock.
- The sale was executed to meet tax withholding obligations arising from the vesting of restricted stock units (RSUs) on April 1, 2025.
- The shares were sold at a weighted average price of $9.44, with individual transactions ranging from $9.32 to $9.58.
- Following the transaction, Levin directly owns 797,393 shares of Semrush Holdings, which includes RSUs representing the right to receive Class A Common Stock upon vesting.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transaction is a routine sale of shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and do not necessarily indicate a negative outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Restricted stock units (RSUs) vested. |
| 04/02/2025 | Eugenie Levin sold 4,075 shares of Class A Common Stock. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Semrush Holdings, Eugenie Levin, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Beneficial Ownership, SEMR
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