EverQuote (EVER) CFO granted 88,235 RSUs in new equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. reported that its CFO and Chief Administrative Officer, Joseph Sanborn, acquired 88,235 shares of Class A Common Stock through a grant of restricted stock units (RSUs). Each RSU represents one share, and the RSUs vest in equal quarterly installments over four years, aligning his compensation with long-term company performance. Following this grant, he directly holds 328,177 shares. He also has indirect ownership of 1,365 shares in each of two UTMA custodial accounts for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sanborn Joseph
Role
CFO and Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88,235 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 328,177 shares (Direct);
Class A Common Stock — 1,365 shares (Indirect, As custodian for UTMA account for first child)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did EverQuote (EVER) report for Joseph Sanborn?
EverQuote reported that CFO and Chief Administrative Officer Joseph Sanborn acquired 88,235 Class A Common Stock shares via a restricted stock unit grant. These RSUs vest over four years, reflecting long-term incentive compensation rather than an open-market purchase.
What are the vesting terms of the 88,235 EverQuote (EVER) RSUs granted to the CFO?
The 88,235 restricted stock units granted to EverQuote’s CFO vest in equal quarterly installments over four years. Each RSU converts into one share of Class A Common Stock upon vesting, creating a staggered, long-term equity incentive structure.