Feierstein Matthew David 4

What Happened
Matthew Feierstein, President of EverCommerce (EVCM), disposed of a total of 25,325 shares between June 1–3, 2026. He sold 21,052 shares in open-market transactions (10,000 on 6/1, 10,000 on 6/2, and 1,052 on 6/3) for approximately $228,544, and 4,273 shares were withheld by the company to satisfy tax withholding on vested RSUs for about $40,294. Total proceeds/consideration across all dispositions were roughly $268,838. These were sales/withholdings (not purchases), so they are routine dispositions rather than insider buys.

Key Details

• Dates & reported weighted-average prices:
  • 2026-06-01: 10,000 shares @ $11.26 (total $112,630). Footnote F1: actual prices ranged $11.02–$11.55.
  • 2026-06-02: 10,000 shares @ $10.53 (total $105,342). Footnote F2: actual prices ranged $10.27–$10.74.
  • 2026-06-03: 1,052 shares @ $10.05 (total $10,572). Footnote F3: actual prices ranged $10.00–$10.26.
  • 2026-06-03: 4,273 shares withheld for tax on vested RSUs @ $9.43 (value $40,294). Footnote F4: company withheld shares to cover tax withholding.
• Total shares disposed: 25,325; total reported value ≈ $268,838.
• Trades were made pursuant to a Rule 10b5-1 trading plan dated August 20, 2025 (prearranged sales).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing date: 2026-06-03; no late filing noted based on provided dates.

Context

• The F-coded disposition (tax withholding) reflects shares retained by the company to cover taxes on vested restricted stock units (RSUs), not a market sale by the insider.
• The open-market sales occurred under a 10b5-1 plan, which typically indicates pre-scheduled transactions rather than discretionary, real-time selling decisions.
• Sales provide less clear signal about insider sentiment than purchases; this report documents routine monetization and tax-related withholding rather than new acquisitions.