Everquote SEC Filings

Amendment No. 9 to Schedule 13D reports that EverQuote, Inc. entered into a privately negotiated Common Stock Repurchase Agreement with Link Ventures to repurchase 900,000 shares of Class A common stock at $23.33 per share for an aggregate $20,997,000, and the transaction closed on August 12, 2025. The filing also discloses a Lock-Up Agreement among Link Ventures, Link Management and David Blundin that restricts transfers of Class A and Class B shares for 180 days following August 12, 2025, subject to specified exceptions. The amendment states ownership as of August 12, 2025 using the issuer's disclosed share counts as of June 30, 2025, and provides beneficial ownership details: aggregate holdings for Mr. Blundin of 6,713,963 shares (18.4%), Link Ventures 6,154,616 shares (16.9%), Recognition Capital 95,451 shares (0.3%), and Cogo Fund 379,115 shares (1.0%). The filing notes Link Ventures released the issuer from claims relating to the agreements and that the reported shares were acquired for investment purposes.

EverQuote, Inc. reported a company repurchase of shares from a major holder. Link Ventures, LLLP sold 900,000 shares of Class A common stock to EverQuote at $23.33 per share, for an aggregate purchase price of $20,997,000. The repurchase agreement was entered on 08/10/2025 and the transaction closed on 08/12/2025.

The filing shows the reported securities are owned directly by Link Ventures and the report is filed jointly with Link Management, LLC, the general partner (holding a 1% GP interest). After the sale, Link Ventures beneficially owns 2,598,154 shares. The disclosure is limited to the repurchase terms, ownership follow-up, and the parties involved.

EverQuote disclosed a Stock Repurchase Agreement under which Link Ventures LLLP sold 900,000 shares of Class A common stock to EverQuote at $23.33 per share, for an aggregate purchase price of $20,997,000. The agreement was entered on 08/10/2025 and the transaction closed shortly thereafter.

The Form 4 shows the reporting person, David B. Blundin, identifies indirect ownership through affiliated entities: 2,598,154 shares held indirectly by Link Ventures, 95,451 shares by Recognition Capital, LLC, and 379,115 shares by Cogo Fund 2020, LLC. The filing states Blundin is a managing member or controlling member of those entities and disclaims beneficial ownership except for any pecuniary interest. The report also notes the reporting person no longer has a reportable interest in 100 shares previously owned by his son.

EverQuote, Inc. (NASDAQ: EVER) filed an 8-K disclosing three material items:

• $60 million senior secured revolving credit facility signed 1-Aug-25 with Western Alliance Bank and other lenders. The facility, expandable by up to $25 million, is limited to 85 % of eligible A/R, carries an unused fee of 0.075 %, and matures 1-Aug-28. Borrowings accrue at Term SOFR + 2.10 % or ABR + 1.10 %, with a 2 % default premium. The line is secured by substantially all assets and includes customary covenants; if the Adjusted Quick Ratio falls below 1.30×, the agent can sweep cash receipts until compliance is restored.
• Q2-25 earnings release & investor presentation will be furnished on 4-Aug-25 (Exhibits 99.1 & 99.2); no financial figures are provided in this filing.
• $50 million share-repurchase authorization approved 22-Jul-25, valid for one year, to be executed in the open market, via Rule 10b5-1 plans or other means, funded by existing cash and future cash flow.

The new credit line enhances liquidity and optionality, while the buyback could support EPS and share price. However, the facility introduces asset liens, leverage-linked covenants and potentially higher interest expense.