David Brainard - 20 May 2025 Form 4 Insider Report for EverQuote, Inc. (EVER)

Role
Chief Technology Officer
Signature
/s/ Jon Ayotte, as attorney-in-fact for David Brainard
Issuer symbol
EVER
Transactions as of
20 May 2025
Net transactions value
-$135,603
Form type
4
Filing time
22 May 2025, 17:00:31 UTC
Previous filing
08 Apr 2025
Next filing
29 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Brainard David Chief Technology Officer C/O EVERQUOTE, INC., 141 PORTLAND STREET, CAMBRIDGE /s/ Jon Ayotte, as attorney-in-fact for David Brainard 22 May 2025 0001840881

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVER Class A Common Stock Tax liability $28,593 -1,209 -0.84% $23.65 142,665 20 May 2025 Direct F1
transaction EVER Class A Common Stock Options Exercise $14,708 +1,563 +1.1% $9.41 144,228 20 May 2025 Direct F2
transaction EVER Class A Common Stock Options Exercise $6,925 +1,250 +0.87% $5.54 145,478 20 May 2025 Direct F2
transaction EVER Class A Common Stock Options Exercise $26,933 +3,796 +2.6% $7.10 149,274 20 May 2025 Direct F2
transaction EVER Class A Common Stock Sale $155,576 -6,609 -4.4% $23.54 142,665 20 May 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVER Stock Option (right to buy) Options Exercise $0 -1,563 -20% $0.000000 6,250 20 May 2025 Class A Common Stock 1,563 $9.41 Direct F2, F4
transaction EVER Stock Option (right to buy) Options Exercise $0 -1,250 -14% $0.000000 7,500 20 May 2025 Class A Common Stock 1,250 $5.54 Direct F2, F5
transaction EVER Stock Option (right to buy) Options Exercise $0 -625 -10% $0.000000 5,625 20 May 2025 Class A Common Stock 625 $7.10 Direct F2, F6
transaction EVER Stock Option (right to buy) Options Exercise $0 -3,171 -50% $0.000000 3,172 20 May 2025 Class A Common Stock 3,171 $7.10 Direct F2, F7
* 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 May 20, 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 May 20, 2025.
F2 The option exercises and sale were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.35 to $23.82, inclusive. The reporting person undertakes to provide EverQuote, Inc., any security holder of EverQuote, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F4 This option was granted on June 28, 2022. The shares underlying the Stock Option are scheduled to vest quarterly over four years with the first installment scheduled to vest on August 20, 2022.
F5 This option was granted on October 24, 2022. The vesting start date for the shares underlying the option is November 20, 2024 and vesting occurs quarterly over a two-year period from the vesting start date.
F6 This option was granted on July 24, 2023. The vesting start date for the shares underlying the option is August 20, 2023 and vesting occurs quarterly over a four-year period from the vesting start date.
F7 This option was granted on July 24, 2023. The vesting start date for the shares underlying the option is August 20, 2023 and vesting occurs quarterly over a two-year period from the vesting start date.