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, reported three open-market sales totaling 19,200 shares between May 26 and May 28, 2026. The transactions were: 8,726 shares at a weighted average price of $10.58 (≈ $92,284), 5,974 shares at $10.53 (≈ $62,888), and 4,500 shares at $10.75 (≈ $48,376), for total proceeds of about $203,548. These are sales (dispositions) and do not indicate a purchase/accumulation.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-05-26: 8,726 shares @ $10.58 (F1: prices ranged $10.31–$10.895)
- 2026-05-27: 5,974 shares @ $10.53 (F2: prices ranged $10.3975–$10.64)
- 2026-05-28: 4,500 shares @ $10.75 (F3: prices ranged $10.64–$10.75)
- Total shares sold: 19,200; approximate total proceeds: $203,548.
- Shares owned after the transactions: Not disclosed in this Form 4 filing.
- Notable footnotes: Reported prices are weighted averages; footnotes F1–F3 list the per-trade price ranges and state the reporting person will provide a breakdown on request.
- Plan / timing: All sales were made pursuant to a Rule 10b5-1 trading plan dated June 12, 2025.
- Filing timeliness: Form 4 filed May 28, 2026, covering trades through May 28 — filing appears timely (no late-filing flag in this report).
Context
A Rule 10b5-1 plan allows insiders to execute pre-arranged trades and is commonly used to avoid trading on nonpublic information; such sales are generally considered routine under that plan. For retail investors, purchases tend to be more informative about insider conviction; these reported transactions are dispositions under a 10b5-1 plan and should be interpreted as scheduled sales rather than an indicator of new company-specific views by the CEO.