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 19,200 shares on July 14, 2026 in an open-market disposition (transaction code S). The weighted-average reported price was $10.77, for aggregate proceeds of approximately $206,694. The shares were sold in multiple trades at prices ranging from $10.385 to $10.90.
Key Details
- Transaction date: 2026-07-14 (filed the same day; appears timely).
- Price: Weighted average $10.77; individual trade prices ranged $10.385–$10.90 (see footnote F1).
- Shares sold: 19,200; Gross proceeds ≈ $206,694.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/remarks: Sale was executed pursuant to a Rule 10b5-1 trading plan dated June 12, 2026. Footnote F1 notes the reported price is a weighted average and the reporting person will provide a breakdown of shares sold at each price upon request.
Context
- This was a sale (often routine) under a pre-established 10b5-1 plan, which generally indicates the trades were preplanned rather than a spontaneous market-timing decision. Sales do not necessarily indicate a lack of confidence in the company; retail investors should consider other insider activity and company fundamentals for investment decisions.