EverQuote: CEO Mendal Jayme sold 56,142 shares

What happened

• The filing shows Mendal Jayme, CEO, president and director, sold a total of 56,142 shares on Oct 1, 2026 through a combination of tax-withheld shares, open market sales and shares disposed after exercising derivatives. Reported proceeds total $967,215.
• Transactions reported: 23,757 shares withheld for taxes at $19.98 for $474,665; open market sales of 20,633 shares at a weighted average $19.68 for $406,057 and 347 shares at a weighted average $20.50 for $7,114; and derivative activity reporting 11,405 shares acquired at $0.00 and 11,405 shares disposed at $6.96 for $79,379.

Key details

• Transaction dates and prices: Oct 1, 2026; tax-withholding 23,757 shares @ $19.98; open market sales 20,633 shares @ $19.68 (weighted average, prices ranged $19.49–$20.46) and 347 shares @ $20.50 (weighted average, prices ranged $20.50–$20.51); derivative entries 11,405 shares acquired @ $0.00 and 11,405 shares disposed @ $6.96.
• Filing date: Oct 5, 2026.
• Shares owned after the transactions: the filing does not report total shares beneficially owned following these transactions.
• Relevant footnotes: shares withheld to satisfy tax withholding on vested restricted stock units and performance RSUs (footnote F1); option exercises and sale were effected under a Rule 10b5-1 trading plan adopted Jun 16, 2026 (footnote F2); weighted-average price ranges disclosed for the open market trades (footnotes F3 and F4); the option exercised was originally granted Oct 18, 2017 with a stated vesting schedule (footnote F5).
• Timeliness: the filing was made on Oct 5, 2026 for transactions on Oct 1, 2026 (the filing does not indicate a late report).

Why it may matter

• The filing shows option/derivative exercise and immediate disposition of shares, and separate open market sales; the filing indicates these exercises and sales were effected under a Rule 10b5-1 plan and that some shares were withheld to cover tax obligations (consistent with cashless-net issuance and tax-withholding mechanics reported in the filing).
• This filing does not show why the insider traded or why the company acted.