Zachary F. Abrams

Zachary F. Abrams discloses dealings in EverQuote, Inc. to SEC (Form 4). Over a trading history stretching from 28 June 2018 to 3 January 2020, the count stands at 14 filings.

In open-market terms, that means 4 purchases worth €387k on one side and 5 sales worth €17.1M on the other. The net balance comes to €16.7M on the selling side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 1 share grant.

In size, the median ticket on the buying side is €83k. Clusters matter here: 1 out of 4 purchases overlapped with buying by a colleague within 30 days. Purchases made close together by different insiders form what is called a cluster. Looking at 4 purchases old enough to measure, the stock rose over the following 90 days in 100% of cases; the median change was +12.4%. These figures describe past trades and do not predict future prices.

On 6 January 2020 came the latest disclosure, a transaction for €12.9M in EverQuote, Inc. The last insider purchase was made public on 23 April 2019, 2,757 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 6 days. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.