Remer Eric Richard 4
Research Summary
AI-generated summary
EverCommerce (EVCM) CEO Eric Remer Sells 19,200 Shares
What Happened
Eric Remer, Chief Executive Officer of EverCommerce Inc. (EVCM), sold a total of 19,200 shares in two open-market transactions: 16,497 shares on 2026-03-24 at a weighted average price of $10.79 for proceeds of $178,079, and 2,703 shares on 2026-03-25 at a weighted average price of $11.06 for proceeds of $29,896. Aggregate proceeds were about $207,975. These were sales (not purchases) and are reported as routine dispositions rather than new purchases.
Key Details
- Transaction dates: 2026-03-24 (16,497 shares) and 2026-03-25 (2,703 shares).
- Weighted average prices and ranges: Mar 24 price $10.79 (range $10.66–$11.37, F1); Mar 25 price $11.06 (range $10.995–$11.08, F2). The filing notes the weighted averages reflect multiple executions; breakdown by price is available on request.
- Total proceeds: $178,079 (Mar 24) + $29,896 (Mar 25) = $207,975.
- Plan/authorization: All sales were made pursuant to a Rule 10b5-1 trading plan dated June 12, 2025.
- Shares owned after transaction: Not specified in the information provided in this summary (filing did not disclose post-transaction holdings here).
- Filing timeliness: Form 4 was filed on 2026-03-25 for transactions on 2026-03-24 and 2026-03-25 (filed promptly).
Context
A Rule 10b5-1 plan allows insiders to set up prearranged trades, which can make such sales routine and help insulate the insider from insider-trading allegations. Sales by executives provide liquidity or meet other personal needs and do not by themselves indicate company performance or management views; retail investors should consider these trades alongside other company fundamentals and disclosures.