EverQuote (EVER) CTO has 7,891 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. Chief Technology Officer David Brainard reported a routine share withholding related to equity compensation. On April 1, 2026, the company withheld 7,891 shares of Class A Common Stock at $14.74 per share to cover tax obligations from vesting restricted stock units. After this tax-withholding disposition, Brainard directly held 187,263 shares of Class A Common Stock. This was not an open-market purchase or sale, but an automatic mechanism to satisfy taxes on vested awards.
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 | 7,891 | $14.74 | $116K |
Holdings After Transaction:
Class A Common Stock — 187,263 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,891 shares
Withholding price per share: $14.74 per share
Shares held after transaction: 187,263 shares
+1 more
4 metrics
Shares withheld for taxes
7,891 shares
Tax withholding from RSU vesting on April 1, 2026
Withholding price per share
$14.74 per share
Closing price of Class A Common Stock on April 1, 2026
Shares held after transaction
187,263 shares
Direct Class A Common Stock holdings following tax withholding
Tax-withholding shares reported
7,891 shares
Form 4 transaction code F, non-derivative disposition
Key Terms
restricted stock units, tax withholding obligations, net issuance, Class A Common Stock, +1 more
5 terms
restricted stock units financial
"from the vesting of restricted stock units. The number of shares withheld"
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 in connection"
net issuance financial
"in connection with the net issuance of shares of Class A Common Stock"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did EverQuote (EVER) report for David Brainard?
EverQuote reported that CTO David Brainard had 7,891 Class A shares withheld to cover tax obligations from vesting restricted stock units. This Form 4 event reflects compensation-related tax withholding, not an open-market purchase or sale of EverQuote shares.