EverQuote CFO sells 639 shares to cover taxes
The sale followed automatic instructions adopted March 17, 2023, and was described as solely to satisfy tax withholding rather than a discretionary trade.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
EverQuote, Inc. CFO and Chief Admin Officer Joseph Sanborn reported selling 639 shares of Class A common stock for $19.87 per share on October 2, 2026. The sale was made under Automatic Sale Instructions adopted March 17, 2023, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c); it was solely to satisfy tax withholding obligations and was not a discretionary trade.
On October 1, 2026, the company withheld 8,603 shares for tax obligations in connection with shares delivered upon vesting of restricted stock units and performance-based restricted stock units. Sanborn also reported indirect custodial holdings of 1,365 shares for each of his two children as of October 1, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 639 | $19.87 | $13K |
| Tax Withholding | Class A Common Stock F1 | 8,603 | $19.98 | $172K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares of Class A Common Stock withheld by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Class A Common Stock delivered to the Reporting Person on October 1, 2026, upon the vesting of restricted stock units granted on February 12, 2024, February 11, 2025 and February 12, 2026, and performance-based restricted stock units granted on February 12, 2024 and February 11, 2025. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Class A Common Stock on October 1, 2026.
- F2. The shares were sold pursuant to Automatic Sale Instructions adopted by the reporting person on March 17, 2023, which are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The instructions require the sale of shares sufficient to satisfy tax withholding obligations upon vesting of restricted stock units granted on February 17, 2023. The sale was made solely to satisfy tax withholding obligations from the vesting of those restricted stock units on October 1, 2026, and was not a discretionary trade by the reporting person.
Key Figures
Key Terms
Automatic Sale Instructions financial
Rule 10b5-1(c) regulatory
restricted stock units financial
net issuance financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.