EverQuote (EVER) CTO has 1,209 shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. Chief Technology Officer David Brainard reported a tax-related share disposition. On May 20, 2026, the company withheld 1,209 shares of Class A Common Stock at $18.71 per share to satisfy his tax withholding obligations from vesting restricted stock units.
After this withholding, Brainard directly holds 179,284 shares of Class A Common Stock. This event reflects routine tax settlement on equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brainard David
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,209 | $18.71 | $23K |
Holdings After Transaction:
Class A Common Stock — 179,284 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,209 shares
Withholding price: $18.71 per share
Shares held after transaction: 179,284 shares
3 metrics
Tax-withheld shares
1,209 shares
Class A Common Stock withheld for tax obligations on May 20, 2026
Withholding price
$18.71 per share
Closing price used to calculate tax-withheld shares on May 20, 2026
Shares held after transaction
179,284 shares
Direct holdings of Class A Common Stock following tax withholding
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock
3 terms
restricted stock units financial
"from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Company to satisfy tax withholding obligations"
Class A Common Stock financial
"Represents shares of Class A Common Stock withheld by the Company"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did EverQuote (EVER) report for David Brainard?
EverQuote Chief Technology Officer David Brainard reported a tax-related share disposition. The company withheld 1,209 Class A shares to cover tax obligations arising from vesting restricted stock units delivered to him on May 20, 2026.
Was David Brainard’s EverQuote Form 4 transaction an open-market sale?
The transaction was not an open-market sale. It was a tax-withholding disposition where EverQuote withheld 1,209 shares to satisfy David Brainard’s tax obligations related to vesting restricted stock units on May 20, 2026.
What triggered the tax withholding transaction for EverQuote CTO David Brainard?
The tax withholding was triggered by the vesting of restricted stock units. On May 20, 2026, EverQuote delivered net shares to David Brainard and withheld 1,209 shares, valued at that day’s $18.71 closing price, to cover his tax obligations.