Remer Eric Richard 4
Research Summary
AI-generated summary
EverCommerce (EVCM) CEO Eric Remer Withholds 11,969 Shares for Taxes
What Happened
- Remer Eric Richard (reported as CEO) had 11,969 EverCommerce shares withheld to satisfy a tax withholding obligation tied to vested restricted stock units (RSUs). The shares were recorded at $12.13 each, for a notional value of about $145,184. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-06 (appears timely)
- Price per share: $12.13; Shares withheld/disposed: 11,969; Total value: ~$145,184
- Shares owned after transaction: Not disclosed in the filing
- Footnote: F1 — shares withheld by the issuer to cover the reporting person's tax withholding obligation upon the vesting of RSUs that were granted on March 5, 2025
- Transaction type: Tax withholding (code F) — company withheld shares rather than the insider selling shares on the open market
Context
- Withholding to cover taxes on vesting RSUs is a routine administrative action and does not necessarily indicate a change in the insider’s view of the company. This was a cashless withholding by the issuer, not a public sale.