Mendal Jayme 4

What Happened

• Mendal Jayme, CEO, President and Director of EverQuote, had 23,756 shares of Class A common stock disposed on July 1, 2026. The shares were withheld by the company at $24.73 per share to cover tax withholding obligations, for a total value of $587,486.
• This was a tax-withholding disposition associated with the net issuance from the vesting of restricted stock units (RSUs), not an open-market sale signaling a trading decision.

Key Details

• Transaction date and price: July 1, 2026 — 23,756 shares withheld at $24.73 each.
• Total value of shares disposed: $587,486.
• Transaction code: F — shares withheld to satisfy tax withholding on issuance/vesting.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 filed July 2, 2026 for a July 1 transaction (appears timely under Rule 16b‑3/Form 4 timing).

Context

• This was a routine tax-withholding event tied to RSU vesting (footnote confirms shares were withheld by the company based on the July 1 closing price). Such withholdings are administrative and do not necessarily indicate the insider is reducing their net exposure by choice.
• For retail investors, note the distinction between sell transactions driven by tax withholding (code F) and voluntary open-market sales (code S); the former is a common occurrence when awards vest.