EverQuote (EVER) CEO uses shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EverQuote, Inc. CEO and President Mendal Jayme reported a routine tax-related share disposition. On April 1, 2026, the company withheld 23,755 shares of Class A Common Stock at $14.74 per share to cover tax obligations tied to vesting restricted stock units. After this withholding, Jayme directly holds 624,491 shares of EverQuote Class A Common Stock, indicating this was a compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mendal Jayme
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 23,755 | $14.74 | $350K |
Holdings After Transaction:
Class A Common Stock — 624,491 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 23,755 shares
Withholding price: $14.74 per share
Shares held after transaction: 624,491 shares
3 metrics
Shares withheld for taxes
23,755 shares
Class A Common Stock withheld on April 1, 2026 for tax obligations
Withholding price
$14.74 per share
Closing price used to calculate RSU tax withholding on April 1, 2026
Shares held after transaction
624,491 shares
EverQuote Class A Common Stock directly owned by CEO after withholding
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, net issuance
4 terms
restricted stock units financial
"from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Company to satisfy tax withholding obligations"
Class A Common Stock financial
"Represents shares of Class A Common Stock withheld by the Company"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
net issuance financial
"in connection with the net issuance of shares of Class A Common Stock"
FAQ
What insider transaction did EverQuote (EVER) report for Mendal Jayme?
EverQuote CEO Mendal Jayme reported a tax-related share disposition. The company withheld 23,755 Class A shares to cover taxes on vested restricted stock units, rather than executing an open-market sale, leaving him with 624,491 shares directly owned after the transaction.
What does transaction code F mean in the EverQuote Form 4?
Transaction code F signifies a tax-withholding disposition. In this case, EverQuote withheld 23,755 shares from Mendal Jayme’s vested restricted stock units to pay associated tax obligations, using the company’s April 1, 2026 closing stock price to determine the withheld share amount.