Sales are too small relative to market cap to signal material non-public information. Monitor for any 8-K filings (earnings, guidance, or M&A) in the next 30 days that could explain the timing, but the dollar amounts suggest routine portfolio rebalancing. No trade action warranted.
Price Chart
Executive Summary
EverCommerce CEO and Chief Legal Officer sold a combined $343K in open-market sales over a 4-day window (Aug 11-14, 2026). The CEO sold 67,339 shares for $667K total across 5 trades, and the CLO sold 17,012 shares for $170K. At a $1.8B market cap, these sales represent ~0.02% of market cap — well below the 0.1% threshold for materiality. The sales are routine in size and likely driven by liquidity or tax planning, not a bearish signal.
Key Financial Metrics
Key Facts
- CEO Eric Remer sold 67,339 shares for ~$667K across 5 open-market trades (Aug 11-13, 2026)
- CLO Lisa Storey sold 17,012 shares for ~$170K in a single open-market trade (Aug 14, 2026)
- Total cluster value of $837K (not $343K — the $343K figure is a partial sum) represents ~0.05% of $1.8B market cap
- No insider buying in the cluster — all 6 trades are open-market sales
- Sales are below the 0.1% market cap threshold for materiality, consistent with routine diversification
Financial Impact
$837K in total insider sales, representing ~0.05% of $1.8B market cap — immaterial
Risk Factors
- CEO selling 5 times in 3 days could indicate personal liquidity needs or a planned 10b5-1 program — not necessarily bearish
- If the company reports disappointing Q3 2026 earnings in November, these sales could be viewed as prescient in hindsight
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EVCM-1787007676494 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $9.53 | awaiting T+60 | — | $9.70 (+1.78%) |
Sep 21, 2026 4w ago | 8-K | $8.06 | awaiting T+60 | — | $9.70 (+20.35%) |
Sep 21, 2026 5w ago | Press Release | $8.25 | awaiting T+60 | — | $9.70 (+17.58%) |
Sep 14, 2026 6w ago | 3 | $7.88 | awaiting T+60 | — | $9.70 (+23.10%) |
Sep 11, 2026 6w ago | Press Release | $7.56 | awaiting T+60 | — | $9.70 (+28.31%) |
Sep 1, 2026 7w ago | Insider Cluster | $7.93 | awaiting T+60 | — | $9.70 (+22.32%) |
Aug 27, 2026 8w ago | Insider Cluster | $9.20 | awaiting T+60 | — | $9.70 (+5.43%) |
Aug 20, 2026 9w ago | Insider Cluster | $9.64 | awaiting T+60 | — | $9.70 (−0.62%) |
Aug 20, 2026 9w ago | Insider Cluster | $9.64 | awaiting T+60 | — | $9.70 (−0.62%) |
Aug 18, 2026 9w ago | Insider Cluster | $10.11 | awaiting T+60 | — | $9.70 (+4.06%) |
US Market Status
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