Mason David W 4

What Happened

• David W. Mason, Chief Legal Officer of SEMrush Holdings, sold 97,372 shares of the company's Class A common stock in transactions on March 5, 2026. The reported weighted‑average sale price was $11.93, for total proceeds of approximately $1,161,648. The filing lists the transaction type as a sale (S) — an exit of stock, not a purchase.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within required 2 business days).
• Price: weighted average $11.93; individual trade prices ranged from $11.93 to $11.94 (footnote F1).
• Shares disposed: 97,372; total proceeds ≈ $1,161,648.
• Shares owned after transaction: not specified in the supplied filing excerpt.
• Footnote F2: a portion of the sold shares were restricted stock units (RSUs) that convert to one share per RSU upon vesting.
• No 10b5‑1 plan, tax‑withholding, or late‑filing flags were disclosed in the provided data.

Context

• This was a sale (common insider liquidity event). Sales are often routine or for diversification/tax reasons and do not by themselves indicate company performance. The presence of RSUs in the sale suggests some shares may have been sold upon or shortly after vesting.