EverQuote (EVER) CFO Sanborn reports 8,603 shares withheld for RSU taxes
Rhea-AI Filing Summary
EverQuote, Inc. executive Joseph Sanborn reported routine equity compensation-related activity involving the company’s Class A Common Stock. On July 1, 2026, 8,603 shares were withheld by EverQuote to cover tax withholding obligations arising from the vesting of restricted stock units, based on the stock’s closing price that day. This tax withholding is a non-market disposition and not an open-market sale. After this event, Sanborn directly held 319,217 Class A shares. The filing also shows indirect holdings of 1,365 shares in a UTMA account for each of his first and second children, where he acts as custodian.
Positive
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Insights
Routine tax withholding; no open-market trading signal.
The filing shows 8,603 Class A shares withheld by EverQuote at $24.73 per share to satisfy tax obligations from vesting restricted stock units. This is classified as an F-code tax-withholding disposition, not a discretionary market sale.
Following this non-derivative event, Joseph Sanborn’s direct holdings stand at 319,217 shares, indicating the withheld amount is small relative to his position. The filing also lists 1,365 shares in each of two UTMA accounts held indirectly as custodian for his children.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 8,603 | $24.73 | $213K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares of Class A Common Stock withheld by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Class A Common Stock delivered to the Reporting Person on July 1, 2026, from the vesting of restricted stock units. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Class A Common Stock on July 1, 2026.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
UTMA account financial
Class A Common Stock financial
FAQ
What insider transaction did EverQuote (EVER) CFO Joseph Sanborn report?
Does this EverQuote (EVER) Form 4 reflect an open-market sale by the CFO?
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