EverQuote CFO receives 47,690 RSUs in equity grant
EverQuote, Inc. reported that its CFO and Chief Administrative Officer, Joseph Sanborn, received an equity award and related tax withholding adjustment in Class A common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
EverQuote, Inc. reported that its CFO and Chief Administrative Officer, Joseph Sanborn, received an equity award and related tax withholding adjustment in Class A common stock. He was granted 47,690 restricted stock units, with each RSU converting into one share of Class A common stock upon vesting.
The RSUs are scheduled to vest in equal quarterly installments over four years with a one-year cliff, meaning no shares vest during the first year and then vesting begins quarterly. To cover tax obligations from a separate RSU vesting on the same date, 5,765 shares were withheld by the company at a price of $15.50 per share.
After these transactions, Sanborn directly held 366,913 Class A shares. He also indirectly held 1,365 shares in a custodial account for each of two children, reflecting personal and family-related ownership alongside his executive equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 47,690 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,765 | $15.50 | $89K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Consists of shares of Class A Common Stock issuable under 47,690 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A Common Stock upon vesting. These RSUs are scheduled to vest in equal quarterly installments over four years with a one year cliff.
- F2. The shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance share units.
- F3. 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 February 24, 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 February 24, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EVER CFO Joseph Sanborn receive in this Form 4 filing?
How do Joseph Sanborn’s 47,690 EverQuote RSUs vest over time?
Are the RSUs reported for EVER’s CFO performance-based or time-based?
What does the tax-withholding disposition in EVER’s Form 4 mean for investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.