Feierstein Matthew David 4

What Happened Matthew Feierstein, President of EverCommerce Inc. (EVCM), sold a total of 30,000 common shares in open-market transactions between Feb 2–4, 2026, for aggregate proceeds of about $338,478. The trades were reported as sales (S) and were executed under a Rule 10b5-1 trading plan dated August 20, 2025.

• Feb 2, 2026 — 10,000 shares at a weighted avg price $12.06; proceeds $120,587 (see footnote F1 for price range).
• Feb 3, 2026 — 9,280 shares at a weighted avg price $10.94; proceeds $101,515 (F2).
• Feb 3, 2026 — 720 shares at a weighted avg price $11.65; proceeds $8,388 (F3).
• Feb 4, 2026 — 10,000 shares at a weighted avg price $10.80; proceeds $107,988 (F4).

Key Details

• Transaction dates: Feb 2, Feb 3, and Feb 4, 2026.
• Reported weighted-average prices and footnote ranges:
  • F1 (10,000 shares): prices ranged $11.94–$12.28.
  • F2 (9,280 shares): prices ranged $10.48–$11.47.
  • F3 (720 shares): prices ranged $11.48–$11.90.
  • F4 (10,000 shares): prices ranged $10.57–$11.07. The filing notes the reporter will provide breakdowns on request.
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
• Plan/authority: All sales were made pursuant to a Rule 10b5-1 trading plan (dated Aug 20, 2025).
• Filing timeliness: Form 4 filed 2026-02-04 for trades through 2026-02-04 — appears timely (not marked late).

Context

• These are open-market sales executed under a pre-established 10b5-1 plan, which typically indicates planned, rule-compliant dispositions rather than ad hoc insider trading. Sales are common and do not by themselves indicate management's view of the company’s future performance.
• For retail investors, purchases by insiders can be stronger signals than routine sales; here the activity is disposal of shares, not acquisitions or option exercises.