Brainard David 4
Research Summary
AI-generated summary
EverQuote (EVER) CTO David Brainard Sells 4,960 Shares
What Happened
- David Brainard, Chief Technology Officer of EverQuote, sold a total of 4,960 EverQuote (EVER) shares in open-market transactions on July 6, 2026. The sales consisted of 1,793 shares at a weighted-average price of $24.88 (proceeds $44,610) and 3,167 shares at a weighted-average price of $25.86 (proceeds $81,899), for combined proceeds of approximately $126,509. These were outright sales (not purchases or option exercises).
Key Details
- Transaction dates: July 6, 2026 (reported on Form 4 filed July 8, 2026).
- Prices and ranges: weighted averages $24.88 (shares sold in multiple trades at $24.50–$25.49) and $25.86 (trades at $25.50–$26.23). The filer can provide per-price breakdown on request (per footnotes).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted September 12, 2025 (pre-scheduled trades).
- Timeliness: Form 4 was filed two days after the transaction date (appears timely).
Context
- Because these sales were made under a 10b5-1 plan (a pre-established trading arrangement), they are generally viewed as pre-planned liquidity events rather than an ad hoc signal about the insider’s view of the company. For retail investors, purchases are often more informative than routine, planned sales; this filing documents a scheduled insider sale.