Storey Lisa E 4
Research Summary
AI-generated summary
EverCommerce (EVCM) CLO Lisa Storey Receives RSU Award
What Happened
Lisa E. Storey, Chief Legal Officer of EverCommerce (EVCM), was granted 78,542 restricted stock units (RSUs) on March 5, 2026. The Form 4 reports an acquisition at $0.00 (RSU award), so no cash changed hands on grant; the filing shows $0 as the transaction amount. This is an equity award (not a purchase or sale) and represents a contingent right to receive shares if vesting conditions are met.
Key Details
- Transaction date: 2026-03-05; Report filed: 2026-03-31 (appears to be filed late relative to the typical 2-business-day Form 4 deadline).
- Instrument: 78,542 RSUs (reported as acquisition A) at $0.00 per unit; reported transaction value $0.
- Vesting: Per footnote, the RSUs vest in 16 equal quarterly installments following the grant date, subject to continued service.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing accession: 0001140361-26-012365 (Form 4).
Context
RSUs are a common long-term compensation tool; each RSU converts to one share when it vests, so future value depends on EverCommerce’s share price at vesting. This grant is a compensation award rather than a market purchase or sale and should be viewed as part of executive pay, not a direct bullish or bearish trade signal. The late filing reduces timeliness of disclosure for investors.