EverQuote (NASDAQ: EVER) CTO exercises options and sells 9,942 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. Chief Technology Officer David Brainard reported an option exercise combined with a sale of Class A Common Stock. On May 5, 2026, he sold 9,942 shares in open-market transactions at a weighted average price of $19.42 per share.
That same day, he exercised stock options to acquire 3,172 shares at an exercise price of $7.095 per share, fully using that option grant. Following these transactions, he owns 180,493 shares of Class A Common Stock directly. The option exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on September 12, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,942 shares ($193,074)
Net Sell
3 txns
Insider
Brainard David
Role
Chief Technology Officer
Sold
9,942 shs ($193K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,172 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,172 | $7.095 | $23K |
| Sale | Class A Common Stock | 9,942 | $19.42 | $193K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct, null);
Class A Common Stock — 190,435 shares (Direct, null)
Footnotes (1)
- The option exercises and sale were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025. This option was granted on July 24, 2023. The vesting start date for the shares underlying the option is August 20, 2023 and vesting occurs quarterly over a two-year period from the vesting start date. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.15 to $19.90, 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.
Key Figures
Shares sold: 9,942 shares
Sale price: $19.42 per share
Options exercised: 3,172 shares
+4 more
7 metrics
Shares sold
9,942 shares
Open-market sale of Class A Common Stock on May 5, 2026
Sale price
$19.42 per share
Weighted average sale price for 9,942 shares
Options exercised
3,172 shares
Stock options converted into Class A Common Stock
Option exercise price
$7.095 per share
Exercise price for 3,172 stock option shares
Post-transaction holdings
180,493 shares
Class A Common Stock held directly after May 5, 2026 transactions
Rule 10b5-1 plan adoption date
September 12, 2025
Date CTO adopted pre-arranged trading plan
Option grant date
July 24, 2023
Grant date for options later exercised for 3,172 shares
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (right to buy), Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The option exercises and sale were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
vesting occurs quarterly financial
"vesting start date ... and vesting occurs quarterly over a two-year period"
FAQ
What insider transactions did EVER Chief Technology Officer David Brainard report?
David Brainard reported an option exercise and related sale. He exercised options for 3,172 EverQuote Class A shares and sold 9,942 shares in open-market transactions, all executed on May 5, 2026 under a pre-arranged Rule 10b5-1 trading plan.
What stock options did David Brainard exercise in this EverQuote Form 4?
He exercised stock options covering 3,172 shares of EverQuote Class A Common Stock at an exercise price of $7.095 per share. The options were originally granted on July 24, 2023 and vest quarterly over two years starting August 20, 2023, per the filing.