Remer Eric Richard 4
Research Summary
AI-generated summary
EverCommerce (EVCM) CEO Eric Remer Sells Shares
What Happened
Eric Remer, CEO of EverCommerce Inc. (EVCM), sold a total of 20,545 shares of EverCommerce common stock across transactions on Feb 17–18, 2026, for aggregate proceeds of roughly $202,722. The filings show three dispositions: 9,995 shares on Feb 17 (~$9.87 reported average, proceeds $98,686), 1,345 shares on Feb 17 ($9.81 reported average, proceeds $13,194—tax withholding upon RSU vesting), and 9,205 shares on Feb 18 ($9.87 reported average, proceeds ~$90,842). These were sales (not purchases), typically considered routine disposition activity.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-02-17: 9,995 shares @ reported avg $9.87 (actual prices in range $9.75–$10.165; see footnote)
- 2026-02-17: 1,345 shares @ reported avg $9.81 (represents shares withheld to cover tax withholding on RSU vesting)
- 2026-02-18: 9,205 shares @ reported avg $9.87 (actual prices in range $9.71–$9.985; see footnote)
- Total shares sold: 20,545; total reported proceeds: ≈ $202,722.
- All sales were made pursuant to a Rule 10b5-1 trading plan dated June 12, 2025 (per the filing).
- One sale (1,345 shares) represents tax withholding on vested Restricted Stock Units granted May 17, 2025.
- Shares owned after the transactions are not specified in the excerpt provided; consult the full Form 4 for post-transaction holdings.
- Filing date: Feb 19, 2026. Transactions occurred Feb 17–18, 2026 — the Form 4 was filed timely (not flagged as late).
Context
These are insider sales rather than purchases. Sales conducted under a pre-established 10b5-1 plan and a tax-withholding sale for vested RSUs are common and don't by themselves indicate the CEO's view of the stock. For a complete picture, compare this activity to prior insider trades and the CEO's remaining holdings as reported on the full Form 4.