Sanborn Joseph 4
4 · EverQuote, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
EverQuote CFO Joseph Sanborn Sells 8,603 Shares (Tax Withholding)
What Happened
Joseph Sanborn, EverQuote’s Chief Financial Officer and Chief Administrative Officer, had 8,603 shares of Class A common stock withheld by the company on July 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was executed at a per-share value of $24.73, a total of roughly $212,752. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date and price: July 1, 2026 — 8,603 shares at $24.73 per share (total ≈ $212,752).
- Transaction code: F (shares withheld to satisfy tax withholding on net issuance from RSU vesting).
- Footnote: F1 — Shares were withheld by the company based on the closing price on July 1, 2026 to cover tax obligations from vested RSUs.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed July 2, 2026; appears to be filed timely (within SEC reporting window).
Context
This was a routine withholding to cover tax on vested RSUs rather than a discretionary market sale. Such withholdings are common after vesting and do not necessarily indicate the insider’s view of the company’s prospects. Transaction code F denotes a tax-withholding disposition rather than a purchase or voluntary sale.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-07-01$24.73/sh−8,603$212,752→ 319,217 total
- 1,365(indirect: By Children)
Class A Common Stock
- 1,365(indirect: By Children)
Class A Common Stock
Footnotes (1)
- [F1]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 July 1, 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 July 1, 2026.