Form 4: EverQuote CFO Joseph Sanborn Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Chief Financial Officer of EverQuote, Joseph Sanborn, reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 20, 2025, EverQuote's CFO, Joseph Sanborn, had 3,173 shares of Class A Common Stock withheld by the company to cover tax obligations.
- This withholding was related to the vesting of restricted stock units.
- The price per share used for the tax withholding was $21.66.
- Following the transaction, Sanborn directly owns 236,665 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Shares withheld for tax obligations related to vesting of restricted stock units. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Joseph Sanborn, EverQuote, EVER, CFO, Tax Withholding, Restricted Stock Units, Class A Common Stock
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