Ayotte Jon 4
Research Summary
AI-generated summary
EverQuote (EVER) CAO Jon Ayotte Has 1,537 Shares Withheld
What Happened
Jon Ayotte, Chief Accounting Officer of EverQuote, had 1,537 shares of Class A common stock withheld by the company on April 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was recorded at $14.74 per share, totaling $22,655. This transaction is a tax-related withholding (transaction code F), not an open-market sale for cash.
Key Details
- Transaction date and price: April 1, 2026 at $14.74 per share.
- Shares withheld / disposed: 1,537 shares; aggregate value $22,655.
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
- Footnote: F1 — Shares were withheld by the company to satisfy tax withholding on RSU vesting; the number withheld and net issuance were based on EverQuote’s closing price on April 1, 2026.
- Timeliness: Form filed April 2, 2026 for the April 1, 2026 transaction (appears timely).
Context
This was a tax-withholding disposition tied to RSU vesting (company withheld shares to cover taxes), which is a routine administrative action and not a directional buy or sell signal about the insider’s view of the stock. Transaction code F indicates withholding rather than an open-market sale or purchase.