Ayotte Jon 4
4 · EverQuote, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
EverQuote (EVER) Chief Accounting Officer Jon Ayotte Sells Shares
What Happened
Jon Ayotte, Chief Accounting Officer of EverQuote (EVER), received an award of 4,393 restricted stock units (RSUs) that converted into shares on Feb 24, 2026. The company withheld 488 shares to cover tax withholding (valued at about $7,564 at $15.50/share). On Feb 25, 2026 Ayotte sold 1,730 shares in an open‑market transaction at $15.56 per share, generating proceeds of approximately $26,919.
Key Details
- Transaction dates and prices:
- 2026-02-24: 4,393 RSUs granted/issued (A) — acquired at $0.00 (RSUs convert to one share each on vesting).
- 2026-02-24: 488 shares withheld for tax (F) at $15.50/share — value ≈ $7,564.
- 2026-02-25: 1,730 shares sold open market (S) at $15.56/share — proceeds ≈ $26,919.
- Shares owned after the transactions: Not specified in the provided Form 4 excerpt.
- Notable footnotes:
- F1/F2: The award consists of RSUs/PSUs that convert to one share per RSU upon vesting; some shares were issued upon satisfaction of performance criteria.
- F3: The 488 shares were withheld by the company to satisfy tax withholding based on the Feb 24 closing price.
- F4: The Feb 25 sale was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted Aug 11, 2025.
- Filing timeliness: Form filed Feb 26, 2026 covering transactions on Feb 24–25 — no indication of a late filing in the disclosed data.
Context
This filing reflects an issuance of RSUs (an award) and routine tax withholding plus a planned sale under a 10b5‑1 plan. The RSU issuance is a non‑cash award (shares delivered upon vesting/achievement of performance criteria). The sale was pre‑arranged under a trading plan, which commonly indicates the sale was executed according to a preset schedule rather than ad hoc insider selling.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-02-24+4,393→ 88,420 total - Tax Payment
Class A Common Stock
[F3]2026-02-24$15.50/sh−488$7,564→ 87,932 total - Sale
Class A Common Stock
[F4]2026-02-25$15.56/sh−1,730$26,919→ 86,202 total
Footnotes (4)
- [F1]Consists of shares of Class A Common Stock issuable under 4,393 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A Common Stock upon vesting. These RSUs are scheduled to vest in equal quarterly installments over four years with a one year cliff.
- [F2]The shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance share units.
- [F3]Represents shares of Class A Common Stock withheld by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Class A Common Stock delivered to the Reporting Person on February 24, 2026, from the vesting of restricted stock units. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Class A Common Stock on February 24, 2026.
- [F4]The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 11, 2025.