SEMrush Executives Sell Shares
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Shchegolev Oleg | Chief Technology Officer, 10% Owner | Sell | $90,274 | Form 4 |
| Melnikov Dmitry | Director, 10% Owner | Sell | $13,277 | Form 4 |
Oleg Shchegolev, Chief Technology Officer and 10% Owner of SEMrush Holdings, sold 9,563 shares of Class A Common Stock on April 2, 2025, at a weighted average price of $9.44 per share, totaling $90,274. Following the transaction, Shchegolev directly owns 7,402,719 shares and indirectly owns 32,334,034 shares through The Oleg Shchegolev Irrevocable Non-Exempt Trust of 2020 and Shchegolev Holdings, LLC.
Dmitry Melnikov, a 10% owner and director of SEMrush Holdings, sold 1,405 shares of Class A Common Stock on April 2, 2025, at a weighted average price of $9.45, totaling $13,277. Following the transaction, Melnikov directly owns 2,609,939 shares and indirectly owns 16,256,724 shares through various trusts. The sale was conducted to meet tax obligations related to the vesting of restricted stock units.