EverQuote (EVER) CFO granted 47,690 RSUs, shares withheld for taxes
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.
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