Form 4: EverQuote CFO Joseph Sanborn Reports Tax-Related Stock Transaction

Chief Financial Officer of EverQuote, Joseph Sanborn, reports the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

• On May 20, 2025, EverQuote's CFO, Joseph Sanborn, had 3,174 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 calculating the tax withholding was $23.65, based on the closing price of EverQuote's Class A Common Stock on May 20, 2025.
• Following this transaction, Sanborn directly owns 266,947 shares of EverQuote Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard tax-related transaction. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

This is a routine Form 4 filing, which is standard practice when company insiders have transactions involving the company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock withholding.

Key Dates

Keywords

Form 4, insider trading, Joseph Sanborn, EverQuote, CFO, stock withholding, tax obligations, Class A Common Stock, restricted stock units, equity compensation