PRCH insider files Form 144 to sell 40,000 RSU shares via Morgan Stanley

Rhea-AI Filing Summary

Porch Group (PRCH) filed a Form 144 notifying the proposed sale of 40,000 shares of common stock through Morgan Stanley Smith Barney, scheduled approximately for 09/05/2025. The filing lists an aggregate market value of $718,000.00 and reports total shares outstanding of 122,581,095. The securities were acquired as Restricted Stock Units from the issuer on 06/08/2024 and the filing records no securities sold by the reporting person in the past three months. The signer represents they are unaware of any undisclosed material adverse information.

Positive

• Securities were acquired as Restricted Stock Units from the issuer on 06/08/2024, indicating the shares originated from compensation rather than a private purchase.
• No securities sold in the past three months by the reporting person, as explicitly stated in the filing.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider-originated RSUs of 40,000 shares are planned for sale via a broker, disclosed under Rule 144.

The filing documents a standard Rule 144 notice where the reporting person intends to sell shares received as Restricted Stock Units. The use of a major broker and the explicit statement that no sales occurred in the prior three months are routine disclosure elements. This notice provides transparency about a non-trading-window transaction and fulfills regulatory requirements for reporting proposed insider sales.

Corporate Governance Expert

TL;DR: Filing is a routine compliance disclosure; it confirms acquisition source and planned disposition date.

The Form 144 clarifies that the shares originated from issuer-granted RSUs and records a planned broker-facilitated sale. The required attestation regarding material nonpublic information is present, which aligns with governance expectations. The document contains no additional governance events or unusual conditions beyond the proposed sale notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40000	718000.00	122581095	09/05/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/08/2024	Restricted Stock Units	Issuer			40000	06/08/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is being sold in the Porch Group (PRCH) Form 144?

The filing notifies a proposed sale of 40,000 shares of common stock.

When is the proposed sale scheduled for PRCH?

The approximate date of sale is listed as 09/05/2025.

What is the aggregate market value of the shares in the PRCH filing?

The aggregate market value is reported as $718,000.00.

How were the shares acquired according to the Form 144 for PRCH?

The 40,000 shares were acquired as Restricted Stock Units from the issuer on 06/08/2024.

Which broker is named to execute the sale in the PRCH Form 144?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza 8th Floor New York NY 10004.