Joseph Sanborn - Aug 16, 2023 Form 4 Insider Report for EverQuote, Inc. (EVER)

Role
Chief Financial Officer
Signature
/s/ Joseph Sanborn
Stock symbol
EVER
Transactions as of
Aug 16, 2023
Transactions value $
-$7,672
Form type
4
Date filed
8/18/2023, 05:00 PM
Previous filing
Jul 26, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVER Class A Common Stock Sale -$4.74K -731 -0.4% $6.48 184K Aug 16, 2023 Direct F1
transaction EVER Class A Common Stock Sale -$2.02K -311 -0.17% $6.48 184K Aug 16, 2023 Direct F2
transaction EVER Class A Common Stock Sale -$920 -142 -0.08% $6.48 184K Aug 16, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2020, and represents the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on August 15, 2023. The sale does not represent a discretionary trade by the reporting person.
F2 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2022, and represents the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on August 15, 2023. The sale does not represent a discretionary trade by the reporting person.
F3 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 4, 2021, and represents the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on August 15, 2023. The sale does not represent a discretionary trade by the reporting person.