EverCommerce CFO Siurek sells $106k in shares

Published 15/08/2025, 23:02
EverCommerce CFO Siurek sells $106k in shares

EverCommerce Inc. (NASDAQ:EVCM) Chief Financial Officer Ryan H. Siurek sold 10,000 shares of common stock on August 14, 2025, at a price of $10.62, totaling $106,199. The transaction comes as the company, currently valued at approximately $2 billion, shows strong liquidity with a current ratio of 2.37x. According to InvestingPro analysis, while EverCommerce isn’t currently profitable, analysts expect the company to turn profitable this year.

Following the transaction, Siurek directly owns 245,549 shares of EverCommerce. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 7 additional key tips about EVCM’s financial health and growth prospects. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC) on August 15, 2025.

In other recent news, EverCommerce Inc. reported its second-quarter results, revealing a modest upside with revenue exceeding expectations by $2 million and EBITDA surpassing forecasts by $4.5 million. Piper Sandler responded by raising its price target for EverCommerce to $10, maintaining a Neutral rating. The company also announced a significant refinancing of its $529.4 million term loan facility, replacing it with a new class of Term B-2 Loans, and extending the maturity to July 6, 2031. This refinancing included a reduction in interest rates, which was priced at par. Additionally, EverCommerce held its 2025 Annual Meeting of Stockholders, where shareholders elected two Class I directors, Penny Baldwin-Leonard and Eric Remer, to serve until the 2028 meeting. In another board-related development, Amy Guggenheim Shenkan was appointed as a Class II director, effective May 17, 2025, and will serve on the Audit Committee. Shenkan’s compensation includes an annual retainer and an initial equity award of restricted stock units, which will vest in May 2026. These developments reflect a period of strategic financial restructuring and governance adjustments for EverCommerce.

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