EverCommerce's CEO Sells 19,200 Shares
Key Points
CEO Remer sold 19,200 shares for a transaction value of approximately $175,000.
This sale represented 0.7% of his direct holdings and 0.21 of his aggregate position across direct and indirect accounts.
All shares were sold from direct ownership, with indirect holdings (6,212,662 shares) held via family trusts and LLCs remaining unchanged.
- 10 stocks we like better than EverCommerce ›
EverCommerce CEO Sells 19,200 Shares Worth $175,000
Chief Executive Officer Eric Remer reported the sale of 19,200 shares of EverCommerce (NASDAQ:EVCM) in multiple open-market transactions on June 9 and June 10, according to an SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Shares sold (direct) | 19,200 |
| Transaction value | ~$175,000 |
| Post-transaction shares (direct) | 2,743,287 |
| Post-transaction shares (indirect) | 6,212,682 |
Transaction value based on SEC Form 4 weighted average purchase price ($9.11).
Key questions
- How material is this transaction relative to Remer’s overall equity exposure?
This transaction represented 0.7% of Remer’s direct holdings and 0.2% of his total direct and indirect ownership, indicating a minimal impact on his overall equity exposure. - Did Remer’s indirect holdings change as a result of this transaction?
No, Remer’s indirect holdings—comprising 6,212,682 shares held through multiple family trusts and Buckrail Partners, LLC—were unchanged in this filing, with all traded shares coming from his direct account.
Company overview
| Metric | Value |
|---|---|
| Price (as of market close June 10) | $9.18 |
| Market capitalization | $1.6 billion |
| Revenue (TTM) | $594.1 million |
| Net income (TTM) | $24.4 million |
Company snapshot
EverCommerce operates at scale with approximately 2,000 employees and a diversified SaaS portfolio targeting service-oriented SMBs. The company leverages a verticalized strategy, offering tailored solutions that integrate operational, financial, and marketing tools for clients in fragmented industries.
- Offers SaaS platforms for business management, billing and payments, customer engagement, and digital marketing, with specialized product lines for home services, health, and wellness sectors.
- Generates revenue primarily through subscription-based software and integrated payment processing solutions, complemented by professional services such as implementation and training.
- Serves small and medium-sized businesses, including home service professionals, healthcare providers, and fitness and wellness operators across the United States and international markets.
What this transaction means for investors
Insider sales can sometimes unlock clues into the board of directors and key executives’ views about the company. And a CEO selling shares typically garners particular investors’ attention, but this sale shouldn’t cause concern after looking deeper.
First, these were conducted under his prearranged 10b5-1 trading plan. Set up ahead of time, these dictate certain terms, like the sales timing, so executives can’t get accused of timing transactions before information gets released to the public.
Second, these transactions weren’t a substantial sale given his large direct and indirect stock holdings. Selling a combined 19,200 shares, he still owns over 2.7 million shares directly and another 6.2 million shares indirectly. These roughly 9 million shares had an $81.8 million value as of June 12.
Turning to EverCommerce’s stock performance, it’s been underwhelming. The shares lost 24.6% over the last year through June 12. During this time, the S&P 500 index returned 9.2%, and the tech-heavy Nasdaq Composite returned 11.7%.
Should you buy stock in EverCommerce right now?
Before you buy stock in EverCommerce, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and EverCommerce wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $433,268!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,259,391!*
Now, it’s worth noting Stock Advisor’s total average return is 935% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of June 14, 2026.
Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
