Feierstein Matthew David 4
Research Summary
AI-generated summary
EverCommerce (EVCM) President Matthew Feierstein Sells Shares
What Happened
Matthew David Feierstein, President of EverCommerce Inc. (EVCM), sold a total of 20,000 shares in two open-market transactions: 10,000 shares on April 1, 2026 (weighted avg $11.43) for $114,262, and 10,000 shares on April 2, 2026 (weighted avg $11.51) for $115,127 — approximately $229,389 total. These were sales (not purchases), which are typically routine dispositions rather than a bullish signal.
Key Details
- Transaction dates and reported weighted-average prices:
- Apr 1, 2026 — 10,000 shares sold, weighted avg $11.43 (price range reported: $11.12–$11.65) — $114,262.
- Apr 2, 2026 — 10,000 shares sold, weighted avg $11.51 (price range reported: $11.07–$11.71) — $115,127.
- Total shares sold: 20,000; total proceeds: ≈ $229,389.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: the reported prices are weighted averages and each sale was executed in multiple trades within the reported ranges; the reporting person will provide breakdowns by price on request (per F1/F2).
- Plan / timing: All sales were made pursuant to a Rule 10b5-1 trading plan dated Aug 20, 2025. The Form 4 was filed Apr 3, 2026 (appears timely).
Context
- 10b5-1 plan: Indicates these sales were pre-planned according to an established trading arrangement; such trades are often routine and not necessarily a reflection of current sentiment by the insider.
- For retail investors: sales are less informative than purchases. This filing documents disposition of shares by the company president but does not, by itself, indicate change in company fundamentals.