Joseph Sanborn - 01 Apr 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
01 Apr 2025
Net transactions value
-$147,307
Form type
4
Filing time
04 Apr 2025, 16:30:06 UTC
Previous filing
27 Feb 2025
Next filing
20 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVER Class A Common Stock Tax liability $119,361 -4,494 -1.6% $26.56 271,928 01 Apr 2025 Direct F1
transaction EVER Class A Common Stock Sale $11,016 -419 -0.15% $26.29 271,509 02 Apr 2025 Direct F2
transaction EVER Class A Common Stock Sale $16,931 -644 -0.24% $26.29 270,865 02 Apr 2025 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 Represents shares of Class A Common Stock withheld by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Class A Common Stock delivered to the Reporting Person on April 1, 2025, from the vesting of restricted stock units. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Class A Common Stock on April 1, 2025.
F2 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 April 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.
F3 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 April 1, 2025. The sales do not represent discretionary trades by the reporting person.