EverQuote (EVER) CFO Sanborn sells 20,000 shares in pre-set 10b5-1 trade
Rhea-AI Filing Summary
EverQuote, Inc. executive Joseph Sanborn, the CFO and Chief Administrative Officer, reported an open-market sale of Class A Common Stock. He sold 20,000 shares at a weighted average price of $20.70 per share in a transaction dated May 7, 2026.
The filing states that the sale was carried out under a Rule 10b5-1 trading plan adopted by Sanborn on December 4, 2025, indicating it was pre-arranged rather than timed discretionarily. After the sale, he directly held 337,660 shares of Class A Common Stock and also reported indirect holdings of 1,365 shares each in UTMA accounts for his first and second children.
Positive
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Negative
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Insights
Planned sale of 20,000 EverQuote shares under a 10b5-1 plan looks routine.
EverQuote CFO Joseph Sanborn executed an open-market sale of 20,000 Class A Common shares at a weighted average of $20.70 on May 7, 2026. The transaction was made under a pre-established Rule 10b5-1 trading plan, which typically automates trades.
Following the sale, Sanborn held 337,660 shares directly, plus 1,365 shares in each of two UTMA accounts he oversees as custodian. With no derivative exercises and a pre-planned structure, the activity appears as ongoing portfolio management rather than a thesis-changing move.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $20.70 | $414K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.29 to $21.16, inclusive. The reporting person undertakes to provide EverQuote, Inc., any security holder of EverQuote, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.