Joseph Sanborn - 06 Jan 2025 Form 4 Insider Report for EverQuote, Inc. (EVER)

Signature
/s/ Jon Ayotte, as attorney-in-fact for Joseph Sanborn
Issuer symbol
EVER
Transactions as of
06 Jan 2025
Net transactions value
-$23,888
Form type
4
Filing time
07 Jan 2025, 17:45:05 UTC
Previous filing
06 Jan 2025
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVER Class A Common Stock Sale $9,419 -470 -0.24% $20.04 193,851 06 Jan 2025 Direct F1
transaction EVER Class A Common Stock Sale $14,469 -722 -0.37% $20.04 193,129 06 Jan 2025 Direct F2
* 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 sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2022, and represent the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on January 1, 2025. In compliance with SEC guidance, the reporting person states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The sales do not represent discretionary trades by the reporting person.
F2 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2023, and represent the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on January 1, 2025. The sales do not represent discretionary trades by the reporting person.