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SEMrush Holdings, Inc.·4

Apr 3, 6:38 PM ET

Levin Eugenie 4

Research Summary

AI-generated summary

Updated

SEMrush President Levin Eugenie Sells 2,727 Shares

What Happened

Levin Eugenie, President of SEMrush Holdings (SEMR), had 2,727 shares of Class A common stock withheld/disposed on April 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was recorded at $11.96 per share for a total of $32,615. This transaction is a routine tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date and price: April 1, 2026 — 2,727 shares at $11.96 each (total ~$32,615).
  • Transaction type: F (shares withheld to satisfy tax withholding on RSU vesting).
  • Shares owned after the transaction: Not disclosed in the Form 4 filing.
  • Footnotes:
    • F1: Company withheld shares to satisfy tax withholding; number withheld based on the April 1, 2026 closing price.
    • F2: A portion of the shares withheld represent vested RSUs (each RSU = one share upon vesting).
  • Filing timeliness: Report filed April 3, 2026 for an April 1 transaction — appears timely (within the Form 4 reporting window).

Context

This was a cashless/net issuance to cover taxes on vested RSUs rather than an independent sale of shares. Such withholdings are routine administrative actions and do not necessarily indicate a change in insider sentiment about the company.