Remer Eric Richard 4

What Happened

• Eric Richard Remer, CEO of EverCommerce Inc. (EVCM), reported two transactions dated 2026-06-16: an other acquisition/disposition (Code J) of 4,000,000 shares reported at $0.00 (no cash proceeds) and an open‑market sale of 4,644 shares at a weighted average price of $9.05 for $42,044. The sale(s) were executed under a Rule 10b5‑1 trading plan dated June 12, 2025.
• Footnote clarification: the 4,000,000‑share line reflects a pro‑rata, in‑kind distribution by Buckrail Partners, LLC to its members; in connection with that distribution, Remer directly acquired 3,012,964 EverCommerce shares in a transaction exempt from reporting under Rule 16a‑9(a).

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely).
• Open‑market sale: 4,644 shares, weighted average price $9.05, proceeds reported $42,044; actual sale prices ranged $9.00–$9.27 (filing offers to provide per‑price details on request).
• In‑kind distribution: 4,000,000 shares reported at $0.00 (represents Buckrail Partners distribution); Remer directly acquired 3,012,964 shares via an exempt distribution (Rule 16a‑9(a)).
• Shares owned after transactions: not specified in the filing.
• All reported sale transactions were made pursuant to a Rule 10b5‑1 plan (dated June 12, 2025).

Context

• The large 4,000,000‑share line is a corporate/partner reallocation (in‑kind distribution) rather than a cash sale; the only reported cash proceeds were from the small open‑market sale (~$42K). Sales under a 10b5‑1 plan are pre‑arranged and are common for insiders to manage holdings and avoid timing concerns; they are not, by themselves, a definitive signal of management’s view on the company.