Remer Eric Richard 4
Research Summary
AI-generated summary
EverCommerce (EVCM) CEO Eric Remer Sells 32,722 Shares
What Happened
Remer Eric Richard, CEO of EverCommerce Inc. (EVCM), disposed of a total of 32,722 shares across transactions on June 2–3, 2026. Transactions: 13,542 shares sold 6/2 at a weighted average $10.53 for $142,619; 5,658 shares sold 6/3 at a weighted average $9.57 for $54,157; and 13,522 shares withheld 6/3 to cover tax withholding on vested RSUs at $9.43 (value reported $127,512). Combined proceeds/value reported are about $324,288. These were sales/tax‑withholding transactions (not purchases) and were executed under a pre‑arranged Rule 10b5‑1 trading plan.
Key Details
- Transaction dates: 2026-06-02 (sale) and 2026-06-03 (sale and tax withholding).
- Prices and ranges: 6/2 sale weighted avg $10.53 (individual trades ranged $10.25–$10.99); 6/3 sale weighted avg $9.57 (range $9.31–$10.00); tax‑withheld RSUs reported at $9.43.
- Total shares disposed: 32,722; aggregate reported value ≈ $324,288.
- Shares owned after transaction: not stated in this Form 4.
- Footnotes: weighted‑average prices reflect multiple trades (details available on request to the company/SEC); 13,522 shares were withheld to satisfy tax withholding on RSUs granted March 3, 2023.
- Plan/intent: all sale transactions were made pursuant to a Rule 10b5‑1 trading plan dated June 12, 2025.
- Filing timeliness: Reported period 2026-06-02 and filed 2026-06-03 (filed promptly, not marked late).
Context: These transactions are sales and a tax‑withholding event—not a purchase signal. Sales under a 10b5‑1 plan are typically pre‑planned and routine; the tax‑withholding portion represents a cashless settlement of vested RSUs rather than a discretionary open‑market market sale intended as a vote on company prospects.