[Form 4] EverQuote, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. CFO and Chief Admin Officer Joseph Sanborn reported an open‑market sale of 642 shares of Class A Common Stock on July 6, 2026 at $24.50 per share. A footnote states the sale was executed under a pre‑arranged Rule 10b5‑1 trading plan to satisfy tax withholding obligations from restricted stock units vesting on July 1, 2026, and was not a discretionary trade.
After the sale, Sanborn directly held 318,575 shares, and indirectly held 1,365 shares in each of two UTMA custodial accounts for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 642 shares ($15,729)
Net Sell
3 txns
Insider
Sanborn Joseph
Role
CFO and Chief Admin Officer
Sold
642 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 642 | $24.50 | $16K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 318,575 shares (Direct);
Class A Common Stock — 1,365 shares (Indirect, As custodian for UTMA account for first child)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 642 shares
Sale price: $24.50 per share
Direct holdings after sale: 318,575 shares
+4 more
7 metrics
Shares sold
642 shares
Open-market sale on July 6, 2026
Sale price
$24.50 per share
Class A Common Stock sale
Direct holdings after sale
318,575 shares
Class A Common Stock held directly by Sanborn
UTMA first child
1,365 shares
Indirect holding as custodian for first child
UTMA second child
1,365 shares
Indirect holding as custodian for second child
Trade plan type
Rule 10b5-1 trading plan
Governs execution of the reported sale
RSU vesting date
July 1, 2026
Vesting triggered related tax withholding sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units, UTMA account, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"tax withholding obligations as a result of vesting in restricted stock units on July 1, 2026"
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.
UTMA account financial
"As custodian for UTMA account for second child"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect; As custodian for UTMA account for first child"