Form 4: EverQuote CTO Sells Shares for Tax Obligations
Insider Transaction Report
EverQuote's Chief Technology Officer, David Brainard, disposed of 5,349 shares of Class A Common Stock to cover tax withholding obligations related to RSU vesting.
Summary
- David Brainard, Chief Technology Officer of EverQuote, Inc. (EVER), reported a disposition of 5,349 shares of Class A Common Stock.
- The transaction occurred on January 2, 2026, with the shares valued at $25.43 each.
- These shares were withheld by EverQuote to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs) on January 1, 2026.
- The number of shares withheld was based on the closing price of the company's Class A Common Stock on January 2, 2026.
- Following this transaction, Mr. Brainard beneficially owns 107,312 shares of EverQuote Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing reporting a tax-related disposition of shares, which is a common occurrence for executives receiving equity compensation. It does not indicate a change in company fundamentals or management's outlook.
Stakeholder Impact
- Shareholders: This is a routine, non-discretionary transaction and is unlikely to have a significant impact on shareholder sentiment or the company's stock price.
- Employees: The transaction reflects standard equity compensation practices for executives, which is common across many publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/01/2026 | Vesting of restricted stock units for David Brainard. |
| 01/02/2026 | Transaction date for the disposition of shares to satisfy tax withholding obligations. |
| 01/06/2026 | Date the Form 4 filing was signed. |
Keywords
EverQuote, EVER, Form 4, Insider Transaction, Stock Sale, CTO, Restricted Stock Units, Tax Withholding, Equity Compensation
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