Ayotte Jon 4

What Happened
Jon Ayotte, Chief Accounting Officer of EverQuote (EVER), disposed of shares on July 1, 2026. He sold 4,611 shares in an open-market transaction at $24.15 per share for proceeds of $111,356, and 1,538 shares were withheld by the company at $24.73 per share (value $38,035) to satisfy tax withholding on vested restricted stock units (RSUs). Both transactions are dispositions (sales/withholding), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-07-01: 1,538 shares withheld for tax (code F) at $24.73 — $38,035.
  • 2026-07-01: 4,611 shares sold in open market (code S) at $24.15 — $111,356.
• Shares owned after transaction: Not specified in the provided filing excerpt; see the full Form 4 for post-transaction holdings.
• Notable footnotes:
  • F1: Withheld shares represent tax withholding on RSU vesting; withholding amount based on the July 1, 2026 closing price.
  • F2: The open-market sale was executed under a pre-established Rule 10b5-1 trading plan adopted March 9, 2026.
• Filing timeliness: Form filed 2026-07-02 for transactions on 2026-07-01 (filed promptly under typical reporting deadlines).

Context
The 1,538-share disposition was a tax-withholding/net issuance related to RSU vesting (a common cashless settlement), while the 4,611-share sale was done under a 10b5-1 plan—an automated plan that schedules trades in advance. Sales and withholding like these are often routine and do not, by themselves, indicate management’s view of company fundamentals.