[Form 4] EverQuote, Inc. Insider Trading Activity

Rhea-AI Filing Summary

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.

Positive

• Company executed a repurchase of 900,000 Class A shares, providing liquidity to a major holder
• Transaction price disclosed at $23.33 per share for a clear aggregate amount of $20,997,000
• Post-transaction ownership reported showing Link Ventures holds 2,598,154 shares after the sale

Negative

• Significant holder reduced position by 900,000 shares, which may be viewed as insider disposition
• Filing lacks detail on the repurchase rationale, financing source, and any effect on total outstanding shares

Insights

Financial Analyst

TL;DR: Company repurchased 900,000 Class A shares from a major holder for $21.0M, lowering that holder's stake to 2.60M shares.

The transaction is a direct repurchase rather than an open-market sale, removing 900,000 shares from the holder and transferring $20,997,000 in cash to Link Ventures. This is a clear, one-off liquidity event for the holder and a balance-sheet cash outflow for EverQuote. The filing provides exact quantities and price but does not disclose the company's rationale, financing source, or impact on outstanding share count beyond the reported post-transaction ownership.

Corporate Governance Expert

TL;DR: Repurchase from an affiliate of an insider was disclosed; Link Management is the GP with a 1% interest in Link Ventures.

The form identifies both Link Ventures (direct owner) and Link Management, LLC (general partner) as reporting persons and shows the repurchase was executed under a Stock Repurchase Agreement. Signature blocks indicate authorized signatory approval. The filing documents beneficial ownership after the transaction (2,598,154 shares) and clarifies the relationship between reporting entities, but it does not include any contract terms beyond price and share count or governance approvals for the repurchase.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LINK VENTURES, LLLP

(Last) (First) (Middle)

ONE KENDALL SQUARE, SUITE B2106

(Street)

CAMBRIDGE MA 02139

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EverQuote, Inc. [ EVER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/10/2025		S		900,000(1)	D	$23.33	2,598,154	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

LINK VENTURES, LLLP

(Last) (First) (Middle)

ONE KENDALL SQUARE, SUITE B2106

(Street)

CAMBRIDGE MA 02139

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

LINK MANAGEMENT, LLC

(Last) (First) (Middle)

C/O LINK VENTURES, LLLP

ONE KENDALL SQUARE, SUITE B2106

(Street)

CAMBRIDGE MA 02139

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. On August 10, 2025, Link Ventures LLLP ("Link Ventures") entered into a Stock Repurchase Agreement with EverQuote, Inc. ("EverQuote") pursuant to which EverQuote agreed to repurchase 900,000 shares of its Class A Common Stock, for $23.33 per share for the aggregate purchase price of $20,997,000 from Link Ventures. The transaction closed on August 12, 2025.

2. This report is filed jointly by Link Ventures and Link Management, LLC. The reported securities are owned directly by Link Ventures. Link Management, LLC is the general partner of Link Ventures and owns a 1% general partner interest in Link Ventures.

	/s/ David Blundin, as managing member of Link Management, LLC, General Partner of Link Ventures, LLLP	08/12/2025
	/s/ David Blundin, as managing member of Link Management, LLC	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What transaction did EverQuote (EVER) report on this Form 4?

EverQuote agreed to repurchase 900,000 shares of Class A common stock from Link Ventures at $23.33 per share under a Stock Repurchase Agreement.

How much did EverQuote pay for the repurchased shares?

The aggregate purchase price was $20,997,000 (900,000 shares at $23.33 per share).

When did the repurchase transaction occur for EVER?

The Stock Repurchase Agreement was entered on 08/10/2025 and the transaction closed on 08/12/2025.

Who filed the Form 4 reporting this transaction for EVER?

The report was filed jointly by Link Ventures, LLLP and Link Management, LLC (the general partner of Link Ventures).

How many shares does Link Ventures beneficially own after the repurchase?

Following the reported transaction, Link Ventures beneficially owns 2,598,154 shares.

What is the relationship between Link Management, LLC and Link Ventures in the EVER filing?

Link Management, LLC is the general partner of Link Ventures and owns a 1% general partner interest in Link Ventures.