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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 47,690 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,765 | $15.50 | $89K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. The shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance share units. 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.