EverCommerce (EVCM) President Matthew Feierstein Sells 30,000 Shares
$EVCM · EverCommerce Inc.Research Summary
AI-generated summary of this SEC filing
EverCommerce (EVCM) President Matthew Feierstein Sells 30,000 Shares
What Happened
Matthew Feierstein, President of EverCommerce (EVCM), sold a total of 30,000 shares in three open-market transactions: 10,000 shares on 2026-08-03 (weighted avg $12.13, $121,264), 10,000 shares on 2026-08-04 (weighted avg $11.86, $118,636), and 10,000 shares on 2026-08-05 (weighted avg $11.83, $118,263). Total proceeds reported for the three sales are approximately $358,163. All sales were reported as made pursuant to a Rule 10b5-1 trading plan dated August 20, 2025.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-08-03: 10,000 shares at $12.13 (F1: actual prices ranged $11.86–$12.54)
- 2026-08-04: 10,000 shares at $11.86 (F2: actual prices ranged $11.53–$12.00)
- 2026-08-05: 10,000 shares at $11.83 (F3: actual prices ranged $11.69–$11.83)
- Total proceeds: roughly $358,163.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing/timeliness: Form filed 2026-08-05 reporting trades from 2026-08-03 to 2026-08-05; the filing shows no indication of lateness.
- Footnotes: Each day’s price is a weighted average across multiple executions; the reporting person offers to provide a per-price breakdown on request.
- All sales were executed under an existing 10b5-1 plan (pre-established trading plan).
Context
These are outright sales (code S) under a pre-established 10b5-1 plan. Such scheduled sales are commonly viewed as routine liquidity transactions and do not by themselves indicate insider sentiment about the company's near-term prospects.