Feierstein Matthew David, president of EVCM, has filed 65 Form 4 transactions, all in a single company. The pattern is one-sided. Across the entire filing history, he has recorded zero open-market purchases and zero acquisitions. His total sell value is $4,761,745.37, and every one of his recent trades is either an open-market sale (code S) or a tax withholding (code F). There is no buying bias to weigh against the selling.
The recent activity shows steady, recurring sales. In the 25 most recent filings, 17 are sales and 8 are tax withholdings. The sales cluster at the start of each month. On June 1, 2026, he sold $112,630; June 2, $105,342; June 3, $10,572.49. The pattern repeats in July: $103,394 on July 1, $104,277 on July 2, $100,282 on July 6, $101,014 on July 7, then smaller sales of $17,983.24 and $19,761.44 on July 8 and July 9. August brought the largest cluster: $121,264 on August 3, $118,636 on August 4, $118,263 on August 5, and $50,995 on August 6. The tax withholdings (code F) are smaller and appear on vesting dates, such as $45,722.16 and $52,303.68 on September 5, 2026.
The sales are consistent in size, mostly between $100,000 and $120,000, and they occur on a near-monthly cadence. The absence of any code P transaction means Feierstein has not added shares in the open market during the period covered. The direction is unambiguous: he is a seller, and the selling has been regular rather than episodic.
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