Brainard David 4

What Happened

• David Brainard, Chief Technology Officer of EverQuote, received an award of 16,566 restricted stock units (RSUs) that converted into shares on February 24, 2026 (acquired at $0.00). To satisfy tax withholding obligations related to the net issuance, 2,013 shares were withheld (disposed) at $15.50 per share, totaling $31,202.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely filing).
• Award: 16,566 RSUs (issuable for one share each upon vesting) recorded as acquired at $0.00.
• Tax withholding: 2,013 shares withheld/disposed to cover taxes at $15.50/share = $31,202 (transaction code F).
• Shares owned after the transaction: not disclosed in this Form 4.
• Relevant footnotes:
  • F1: RSUs vest in equal quarterly installments over four years with a one-year cliff.
  • F2: Some shares were received based on satisfaction of performance criteria (performance share units).
  • F3: The withheld share count (and net issuance) was calculated using the closing price on Feb 24, 2026.
• No indication of a 10b5-1 plan or that this was an open-market purchase/sale — this was an award vesting event with cashless tax withholding.

Context

• This filing reflects an equity award vesting (not a market purchase or a discretionary sale). The withholding of shares to cover taxes is a routine, administrative step (cashless withholding) and does not by itself indicate a change in insider sentiment about the company.