Form 4: EverQuote CEO Jayme Mendal Reports Tax-Related Stock Transaction
SEC Form 4 Filing
CEO Jayme Mendal reports the withholding of Class A Common Stock to cover tax obligations related to vested restricted stock units.
Summary
- On April 1, 2024, EverQuote, Inc. withheld 6,951 shares of Class A Common Stock from CEO Jayme Mendal to satisfy tax withholding obligations.
- This withholding was related to the vesting of restricted stock units.
- The price used to calculate the withholding was $19.5 per share, based on the closing price of EverQuote's Class A Common Stock on April 1, 2024.
- Following this transaction, Mendal directly owns 457,006 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as the CEO, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Shares withheld for tax obligations related to vesting of restricted stock units. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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