Form 4: EverQuote CFO Gifts Shares to Children's Accounts

EverQuote's Chief Financial Officer, Joseph Sanborn, gifted 2,730 Class A Common Stock shares to custodial accounts for his two children.

Summary

• Joseph Sanborn, Chief Financial Officer of EverQuote, Inc., reported a transaction involving Class A Common Stock.
• On December 5, 2025, Sanborn gifted 1,365 shares of Class A Common Stock to a custodial account for his first child under the Uniform Transfers to Minors Act (UTMA).
• On the same date, he gifted an additional 1,365 shares of Class A Common Stock to a separate custodial account for his second child under the UTMA.
• The transaction price for these gifts was $0 per share.
• Following these transactions, Sanborn's direct beneficial ownership of Class A Common Stock is 245,499 shares.
• He indirectly beneficially owns 1,365 shares as custodian for the first child's UTMA account and 1,365 shares as custodian for the second child's UTMA account.
• Sanborn disclaims beneficial ownership of the securities held in the UTMA accounts for Section 16 purposes.

Sentiment

Score: 5

Explanation: The filing is a standard insider transaction report (Form 4) detailing a gift of shares. It does not contain information that would typically alter the company's financial outlook or operational sentiment, hence a neutral score.

Industry Context

This Form 4 filing details an insider transaction, which is a routine disclosure for corporate officers and directors. Such transactions are common and typically do not reflect broader industry trends or competitive shifts, but rather individual financial planning or compensation events.

Related Party Transactions

• Joseph Sanborn, Chief Financial Officer, gifted 1,365 shares of Class A Common Stock to a custodial account for his first child.
• Joseph Sanborn, Chief Financial Officer, gifted 1,365 shares of Class A Common Stock to a custodial account for his second child.

Stakeholder Impact

• Shareholders: The transaction represents a minor change in the direct beneficial ownership of a key executive, with shares moving to indirect ownership under his custodianship. This is a routine disclosure and is unlikely to have a material impact on the company's stock or operations.
• Employees: No direct impact on employees is indicated.

Key Dates

Keywords

EverQuote, EVER, Joseph Sanborn, CFO, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, UTMA