{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-272437","form_type":"8-K/A","ticker":"EVER","cik":"0001640428","company_name":"EverQuote, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.907878+00:00","generated_at":"2026-06-08T15:39:17.685642+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"EverQuote completes health insurance exit; records $19.4M loss on asset sale","bullets":["Sold Eversurance LLC membership interests to MyPlanAdvocate for $13.2M cash; recognized $19.4M loss on sale.","Previous restructuring charges totaled $2.7M severance and $1.1M non-cash equity modification.","Assets sold included $30.8M commissions receivable (collected over 7 years), $1.0M intangible, $0.4M other net assets.","Exit of health vertical and workforce reduction completed as of Sept 30, 2023; no further charges expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-272437","json":"https://secwatch.observer/filing/0001193125-23-272437.json","markdown":"https://secwatch.observer/filing/0001193125-23-272437.md","text":"https://secwatch.observer/filing/0001193125-23-272437.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523272437/0001193125-23-272437-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523272437/d535483d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T15:39:17.685642+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2baa41835e36b28fc53b6c5e5f8257e2463f18ed","claim":"EverQuote, Inc. announced a restructuring with charges of approximately $2.0 million to $3.0 million affecting health insurance vertical.","evidence_excerpt":"The Company previously estimated that it would incur one-time termination benefits and other associated costs of approximately $2.0 million to $3.0 million in connection with the Reduction Plan","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523272437/0001193125-23-272437-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.0 million to $3.0 million"},{"label":"Affected area","value":"health insurance vertical"}],"fact_type":"restructuring_charge"},{"claim_id":"2d635257474e7e782c5259129d105ca21d7b5bba","claim":"EverQuote, Inc. announced a impairment with charges of loss on sale of assets of $19.4 million affecting health insurance vertical.","evidence_excerpt":"Accordingly, the Company has now recognized a loss on sale of assets of $19.4 million, which amount is included in restructuring and other charges, for the three and nine months ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523272437/0001193125-23-272437-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"loss on sale of assets of $19.4 million"},{"label":"Affected area","value":"health insurance vertical"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}