Feierstein Matthew David 4
Research Summary
AI-generated summary
EverCommerce (EVCM) President Matthew Feierstein Sells 5,000 Shares
What Happened
Matthew David Feierstein, President of EverCommerce Inc. (EVCM), reported an open-market sale of 5,000 common shares on May 6, 2026. The filing shows a weighted average sale price of $10.83 per share for total proceeds of $54,137. The Form 4 indicates the shares were sold in multiple transactions at prices ranging from $10.55 to $11.03.
Key Details
- Transaction date: May 6, 2026 (reported on Form 4 filed May 7, 2026)
- Type: Sale (Code S) — open market/private sale reported as multiple transactions
- Reported weighted average price: $10.83; price range per footnote: $10.55–$11.03
- Total proceeds reported: $54,137
- Shares owned after transaction: Not disclosed in the excerpt of this filing
- Footnote: The filing states the sales were made pursuant to a Rule 10b5-1 plan; the footnote offers to provide a breakdown of the number of shares sold at each price on request.
- Timeliness: Filing date is May 7, 2026 for a May 6 transaction (no late-filing flag indicated in this excerpt).
Context
Sales by executives can be routine (e.g., diversification or pre-set trading plans). This transaction was executed under a reported Rule 10b5-1 plan, which typically allows scheduled sales irrespective of short-term company developments. The filing is informational and does not by itself indicate management sentiment about EverCommerce’s business prospects.