Sanborn Joseph 4

What Happened
Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote, was credited with a grant/award of 47,690 shares (reported as acquisition A) on February 24, 2026. Those shares were reported at $0.00 because they were issued as restricted/performance-based stock units rather than bought. To satisfy tax withholding related to the net issuance from RSU vesting, 5,765 shares were disposed of (reported as F) at $15.50 per share, for a withholding value of $89,358.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears timely).
• Award: 47,690 shares reported as granted/issued at $0.00 (RSUs/performance shares).
• Tax withholding: 5,765 shares withheld/disposed at $15.50 each = $89,358.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: 47,690 consist of RSUs scheduled to vest in equal quarterly installments over 4 years with a one‑year cliff.
  • F2: Some shares were received for no consideration upon satisfaction of performance criteria (performance share units).
  • F3: The 5,765 shares were withheld by the company to cover tax withholding, calculated using the closing price on February 24, 2026.
• Transaction codes: A = Award/Grant, F = Tax withholding.

Context
This is primarily an equity award/vesting event (not an open‑market purchase or a voluntary sale). RSU and performance‑share vesting is a common form of executive compensation; the withholding of shares to cover taxes is routine and should not be read as a directional market trade. The filing shows issuance of shares earned under time- and performance-based grants rather than a cash purchase.