EverQuote (EVER) CFO covers RSU taxes with 3,173 withheld shares
Rhea-AI Filing Summary
EverQuote, Inc. (EVER) officer Joseph Sanborn, CFO and Chief Admin Officer, reported a Form 4 transaction involving Class A Common Stock. On August 20, 2026, 3,173 shares were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units, at a reference price of $24.91 per share. After this tax-withholding disposition, Sanborn directly held 302,068 shares of Class A Common Stock, and also reported indirect holdings of 1,365 shares in each of two UTMA custodial accounts for his first and second child.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,173 shares
Net Sell
3 txns
Insider
Sanborn Joseph
Role
CFO and Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 3,173 | $24.91 | $79K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 302,068 shares (Direct);
Class A Common Stock — 1,365 shares (Indirect, As custodian for UTMA account for first child);
Class A Common Stock — 1,365 shares (Indirect, As custodian for UTMA account for second child)
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 August 20, 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 August 20, 2026.
Key Figures
Shares withheld for tax withholding obligations: 3,173 shares of Class A Common Stock
Tax-withholding reference price: $24.91 per share
Direct holdings after transaction: 302,068 shares of Class A Common Stock
+2 more
5 metrics
Shares withheld for tax withholding obligations
3,173 shares of Class A Common Stock
Withheld on August 20, 2026 to satisfy tax obligations on RSU vesting
Tax-withholding reference price
$24.91 per share
Closing price of EverQuote Class A Common Stock on August 20, 2026
Direct holdings after transaction
302,068 shares of Class A Common Stock
Direct ownership reported following the August 20, 2026 transaction
Indirect holdings – first child UTMA account
1,365 shares of Class A Common Stock
Indirect ownership as custodian for UTMA account for first child
Indirect holdings – second child UTMA account
1,365 shares of Class A Common Stock
Indirect ownership as custodian for UTMA account for second child
Key Terms
restricted stock units, withheld by the Company to satisfy tax withholding obligations, UTMA account, net issuance
4 terms
restricted stock units financial
"from the vesting of restricted stock units. The number of shares withheld"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld by the Company to satisfy tax withholding obligations financial
"Represents shares of Class A Common Stock withheld by the Company to satisfy tax"
UTMA account financial
"As custodian for UTMA account for first child"
net issuance financial
"in connection with the net issuance of shares of Class A Common Stock"
FAQ
What insider transaction did EVER CFO Joseph Sanborn report on this Form 4?
He reported that 3,173 EverQuote (EVER) Class A shares were withheld by the company on August 20, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units.
Was the EVER Form 4 transaction a market sale or tax withholding event?
The Form 4 describes a tax withholding event, not an open-market sale. The 3,173 shares of EverQuote Class A Common Stock were withheld by the company to satisfy tax liabilities tied to restricted stock unit vesting.
What is the role of restricted stock units in this EVER Form 4 filing?
The filing states that the tax-withheld shares relate to the net issuance of Class A Common Stock delivered to Joseph Sanborn on August 20, 2026, upon the vesting of restricted stock units granted to him.
AI-generated analysis. How Rhea-AI works. Not financial advice.