Form 4: EverQuote Director David B. Blundin Reports Changes in Indirect Beneficial Ownership

EverQuote, Inc. Director and 10% Owner David B. Blundin filed a Form 4 detailing a distribution of Class A Common Stock from an entity he controls, resulting in a revised beneficial ownership structure.

Summary

• David B. Blundin, a Director and 10% Owner of EverQuote, Inc. (EVER), filed a Form 4 to report changes in his beneficial ownership.
• On May 29, 2025, Cogo Fund 2020, LLC, an entity managed by Cogo Labs, LLC (of which Mr. Blundin is the controlling member), distributed 14,153 shares of EverQuote Class A Common Stock to one of its members for no consideration.
• Following this transaction, Mr. Blundin's direct beneficial ownership remains at 84,781 shares of Class A Common Stock.
• His indirect beneficial ownership includes 379,115 shares held by Cogo Fund 2020, LLC, 95,451 shares by Recognition Capital, LLC, 3,498,154 shares by Link Ventures LLLP, and 100 shares by his son.
• Mr. Blundin disclaims beneficial ownership of securities held by these entities except to the extent of his direct or indirect pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a factual report of a change in indirect beneficial ownership due to a distribution from an entity, not a sale by the insider. It does not inherently convey positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of changes in insider beneficial ownership, which is a standard regulatory requirement for publicly traded companies. It does not provide broader industry context or trends.

Related Party Transactions

• Cogo Fund 2020, LLC, an entity controlled by the reporting person, distributed 14,153 shares of Class A Common Stock to one of its members for no consideration. This constitutes a transaction between related parties.

Stakeholder Impact

• Shareholders: The transaction represents a change in the structure of indirect beneficial ownership by a significant insider, but does not directly impact the company's operations or financial performance. The total number of shares outstanding remains unchanged by this internal transfer.

Key Dates

Keywords

EverQuote, EVER, Form 4, Insider Ownership, Beneficial Ownership, Director, 10% Owner, Stock Ownership, SEC Filing