Levin Eugenie 4

What Happened

• Levin Eugenie, President of SEMrush Holdings, sold 404,249 shares of SEMrush common stock on March 13, 2026. The weighted average sale price was $11.91, generating proceeds of approximately $4,814,606. The sale is reported as open-market (S).

Key Details

• Transaction date: 2026-03-13.
• Price: weighted average $11.91 per share; individual sale prices ranged from $11.91 to $11.92 (filing footnote).
• Total proceeds: ~$4,814,606.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: (1) Weighted-average price; the reporting person can provide a breakdown of shares sold at each price on request. (2) A portion of the shares sold were from restricted stock units (RSUs) that convert to Class A shares upon vesting.
• No 10b5-1 plan or other trading plan is disclosed in the provided filing.
• Form 4 filed on 2026-03-16 (timely relative to the reported transaction date).

Context

• This was a sale (not a purchase), which is often routine (e.g., to cover taxes or diversify) and is typically less informative about insider confidence than purchases. The presence of RSU-derived shares indicates some of the sold shares came from vested equity awards rather than newly exercised options.