Officer and Director Eric Remer Files Intent to Sell Additional $193K in Shares
EVCM sits 30% above its 52-week low of $7.66.
Summary
Officer and Director Eric Remer has filed a Form 144 to sell an additional $193,369 in EverCommerce shares, extending a pattern of insider distribution.
Key Events · Ownership and Investor Activity · EVCM
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Officer Files Intent to Sell Shares
Officer and Director Eric Remer has filed a Form 144 indicating intent to sell 18,950 shares of common stock, valued at approximately $193,369.59.
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Continuation of Insider Selling Pattern
This filing is part of an ongoing pattern of insider distribution from Eric Remer, who has sold shares totaling over $2.4 million in gross proceeds over the past three months.
Analysis · EVCM · Technology
This Form 144 indicates Officer and Director Eric Remer's intent to sell an additional $193,369 worth of EverCommerce shares. This filing continues a pattern of significant insider selling from Remer, who has already sold over $2.4 million in shares over the past three months. The ongoing distribution by a key insider could be perceived negatively by the market.
At the time of this filing, EVCM was trading at $9.98 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $7.66 to $14.41. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.