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Director sale filing: PRCH (NASDAQ: PRCH) registers 12,000-share resale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PRCH submitted a Form 144 registering 12,000 shares of Common Stock to be sold. The filing references Performance Restricted Stock Units with an effective date of 04/07/2026 and lists multiple previously executed sales by Mathew Neagle between 04/02/2026 and 05/15/2026, with individual sale sizes and proceeds reported in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Form 144 registers an intended resale of 12,000 shares tied to RSUs.

The filing lists 12,000 shares of Common Stock as the securities to be sold and references 04/07/2026 Performance Restricted Stock Units as the source. The registration enables a resale under Section 144 procedures.

Cash‑flow treatment and final sale timing are not detailed in the excerpt; subsequent trade reports or broker confirmations will show execution details.

Registered shares 12,000 shares Securities to be sold; Performance Restricted Stock Units source dated 04/07/2026
Context number listed 125,897,828 Numeric value adjacent to 05/20/2026 and NASDAQ in the excerpt
Example sale - 04/02/2026 8,446 shares Sale by Mathew Neagle on 04/02/2026 for $58,931
Example sale - 05/15/2026 59,983 shares Sale by Mathew Neagle on 05/15/2026 for $620,254.21
Example sale - 04/09/2026 proceeds $449,313.57 Proceeds reported for a 04/09/2026 sale by Mathew Neagle
Form 144 regulatory
"144: Securities To Be Sold Common Stock | 04/07/2026"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Performance Restricted Stock Units financial
"Performance Restricted Stock Units | Issuer | 12000 | 04/07/2026"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Common Stock financial
"Securities Information Common Stock | Morgan Stanley Smith Barney LLC"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does PRCH's Form 144 register?

It registers 12,000 shares of Common Stock for resale. The excerpt ties these shares to Performance Restricted Stock Units with a source date of 04/07/2026.

Who reported prior sales in the filing for PRCH?

Mathew Neagle is listed with multiple prior sales between 04/02/2026 and 05/15/2026, showing individual sale sizes and proceeds such as 8,446 shares for $58,931 on 04/02/2026.

Are the proceeds recipient and timing specified in the Form 144 excerpt?

The excerpt lists dollar proceeds for individual past trades but does not state who will receive proceeds from the registered 12,000 shares or exact execution timing for the registered sale.

Does the filing disclose shares outstanding or exchange listing for PRCH?

The excerpt includes a numeric figure 125,897,828 adjacent to a 05/20/2026 label and lists NASDAQ, which appear as context in the filing; the excerpt does not tie that number explicitly to the registration amount.