4Filed Aug 23, 8:00 PM ET
EverQuote CTO David Brainard Withholds 1,209 Shares for Taxes
$EVER · EverQuote, Inc.Research Summary
AI-generated summary of this SEC filing
EverQuote CTO David Brainard Withholds 1,209 Shares for Taxes
What Happened
David Brainard, Chief Technology Officer of EverQuote, had 1,209 shares of Class A common stock withheld by the company on August 20, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was recorded at $24.91 per share, for a total value of $30,116. This was a tax-withholding/net issuance transaction (code F), not an open-market sale.
Key Details
- Transaction date and price: August 20, 2026; 1,209 shares at $24.91/share; total $30,116.
- Transaction type: F — shares withheld by the company to satisfy tax withholding on vested RSUs.
- Footnote: Shares withheld equal the amount needed to cover tax obligations based on the closing price on August 20, 2026. Net issuance reflects remaining shares delivered after withholding.
- Filing: Form 4 filed with accession on August 24, 2026 (period of report Aug 20, 2026). Check the official filing for any timeliness flag.
Context
This was a tax-withholding action (common on RSU vesting) and not an indication of a discretionary sale by the insider. For retail investors, tax withholdings reduce the number of shares issued to the insider but do not reflect a market-direction trade signal.