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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sanborn Joseph

(Last) (First) (Middle)
C/O EVERQUOTE, INC.
141 PORTLAND STREET

(Street)
CAMBRIDGE MA 02139

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EverQuote, Inc. [ EVER ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO and Chief Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/24/2026 A 47,690(1) A $0(2) 372,678 D
Class A Common Stock 02/24/2026 F 5,765(3) D $15.5 366,913 D
Class A Common Stock 1,365 I As custodian for UTMA account for first child
Class A Common Stock 1,365 I As custodian for UTMA account for second child
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance share units.
3. 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.
/s/ Jon Ayotte, as attorney-in-fact for Joseph Sanborn 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EVER CFO Joseph Sanborn receive in this Form 4 filing?

Joseph Sanborn received 47,690 restricted stock units of EverQuote Class A common stock. Each RSU converts into one share upon vesting, reflecting a significant component of his equity-based executive compensation and aligning his interests with long-term company performance.

How do Joseph Sanborn’s 47,690 EverQuote RSUs vest over time?

The 47,690 EverQuote RSUs vest in equal quarterly installments over four years with a one-year cliff. No units vest during the first year; thereafter, a portion vests every quarter, promoting long-term retention and continued service to the company.

Why were 5,765 shares of EVER stock withheld in this Form 4?

EverQuote withheld 5,765 Class A shares to satisfy tax withholding obligations from an RSU vesting. The withheld amount was based on the stock’s $15.50 closing price on February 24, 2026, reducing the net shares delivered to Joseph Sanborn for tax compliance.

How many EverQuote shares does Joseph Sanborn hold after these transactions?

After these transactions, Joseph Sanborn directly held 366,913 EverQuote Class A shares. In addition, he indirectly held 1,365 shares in a UTMA custodial account for each of two children, reflecting both personal and family-related share ownership positions.

Are the RSUs reported for EVER’s CFO performance-based or time-based?

The filing notes shares were received upon satisfaction of performance criteria under performance share units and includes 47,690 RSUs that vest over time. This indicates a mix of performance-linked equity and time-based vesting designed to encourage both results and retention.

What does the tax-withholding disposition in EVER’s Form 4 mean for investors?

The tax-withholding disposition reflects shares withheld by EverQuote to cover taxes from RSU vesting, not an open-market sale. Such transactions are administrative in nature and commonly accompany equity awards, without signaling discretionary buying or selling decisions by the executive.
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