EverQuote (NASDAQ: EVER) CTO sells 1,097 shares in pre-set Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. Chief Technology Officer David Brainard reported open-market sales of a total of 1,097 shares of Class A Common Stock. He sold 516 shares at $18.69 per share on May 26, 2026 and 581 shares at $19.90 per share on May 27, 2026. Following these trades, he directly holds 178,187 shares. The sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025, indicating they were scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,097 shares ($21,206)
Net Sell
2 txns
Insider
Brainard David
Role
Chief Technology Officer
Sold
1,097 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 581 | $19.90 | $12K |
| Sale | Class A Common Stock | 516 | $18.69 | $10K |
Holdings After Transaction:
Class A Common Stock — 178,187 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares sold May 27, 2026: 581 shares
Shares sold May 26, 2026: 516 shares
Total shares sold: 1,097 shares
+2 more
5 metrics
Shares sold May 27, 2026
581 shares
Class A Common Stock at $19.90 per share, open-market sale
Shares sold May 26, 2026
516 shares
Class A Common Stock at $18.69 per share, open-market sale
Total shares sold
1,097 shares
Net shares sold across two open-market transactions
Holding after trades
178,187 shares
Direct Class A Common Stock held after May 27, 2026 sale
Rule 10b5-1 plan adoption date
September 12, 2025
Plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was 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.
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market"
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.
Class A Common Stock financial
"security_title: Class A Common Stock in each reported transaction"
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 transactions did EVER Chief Technology Officer David Brainard report?
David Brainard reported selling 1,097 EverQuote Class A shares in two open-market transactions. These trades occurred on May 26 and May 27, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan adopted in September 2025.
Were David Brainard’s EVER stock sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on September 12, 2025. Such plans allow insiders to pre-schedule trades, reducing the significance of trade timing for interpreting sentiment.
Do the recent EVER insider sales involve derivatives or option exercises?
No. The reported transactions involve non-derivative EverQuote Class A Common Stock only. The derivative summary section is empty in this Form 4, indicating there were no option exercises, conversions, or other derivative transactions in this filing.