Porch Group COO Receives 130K Share Grant in Revised Compensation Plan

Porch Group Chief Operating Officer Matthew Neagle received a corrected restricted stock unit (RSU) grant of 129,848 shares on June 25, 2025.

Rhea-AI Filing Summary

Porch Group Chief Operating Officer Matthew Neagle received a corrected restricted stock unit (RSU) grant of 129,848 shares on June 25, 2025. This grant replaces an earlier April 2025 RSU award that contained an inadvertent calculation error and was cancelled without any value received.

The new June 2025 RSU grant maintains the same vesting schedule as the original award:

• 25% vests on April 4, 2026
• Remaining 75% vests in six-month increments over the following 36 months (1/6th each period)

Following this transaction, Neagle directly owns 1,054,784 shares of Porch Group common stock. The RSUs were granted at $0 cost and will convert to common shares upon vesting, subject to continued employment.

Insider Trade Summary

Grant/Award: 129,848 shares

Grant/Award 1 txn

Insider Neagle Matthew

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	129,848	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,054,784 shares (Direct)

Footnotes (2)

1. F1. A grant of restricted stock units ("RSUs") was awarded to the Reporting Person on April 4, 2025, as reported on a Form 4 filed with the Securities and Exchange Commission on April 8, 2025 ("April 2025 RSU Grant"). Due to an inadvertent calculation error, the number of RSUs awarded pursuant to the April 2025 RSU Grant was incorrect. The April 2025 RSU Grant was cancelled without any value received by the Reporting Person, and the June 2025 RSU Grant was issued in lieu thereof ("June 2025 RSU Grant").
2. F2. Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The vesting schedule of the June 2025 RSU Grant remains consistent with the April 2025 RSU Grant. 25% of the RSUs shall vest on April 4, 2026, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Agreement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did PRCH COO Matthew Neagle receive in the June 2025 grant?

Matthew Neagle received 129,848 restricted stock units (RSUs) in the June 2025 grant. Each RSU represents a right to receive one share of Porch Group's common stock upon vesting.

What is the vesting schedule for PRCH COO's June 2025 RSU grant?

The RSUs vest as follows: 25% vests on April 4, 2026, followed by 1/6th of the remaining RSUs vesting every 6 months over the next 36 months, subject to the executive's continued employment or service with Porch Group.

Why did PRCH cancel and reissue RSUs to COO Matthew Neagle in June 2025?

The original April 2025 RSU grant was cancelled and reissued in June 2025 due to an inadvertent calculation error in the number of RSUs awarded. The April grant was cancelled without any value received by Neagle, and the June 2025 RSU grant was issued as a replacement.

How many shares of PRCH does Matthew Neagle own after the June 2025 RSU grant?

Following the reported RSU transaction, Matthew Neagle beneficially owns 1,054,784 shares of Porch Group (PRCH) common stock directly.

What is Matthew Neagle's position at PRCH?

Matthew Neagle serves as the Chief Operating Officer (COO) of Porch Group, Inc. (PRCH).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/27/2025 - 05:32 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neagle Matthew

(Last) (First) (Middle)

411 FIRST AVENUE SOUTH

SUITE 501

(Street)

SEATTLE WA 98104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Porch Group, Inc. [ PRCH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/25/2025		A		129,848(2)	A	$0	1,054,784	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. A grant of restricted stock units ("RSUs") was awarded to the Reporting Person on April 4, 2025, as reported on a Form 4 filed with the Securities and Exchange Commission on April 8, 2025 ("April 2025 RSU Grant"). Due to an inadvertent calculation error, the number of RSUs awarded pursuant to the April 2025 RSU Grant was incorrect. The April 2025 RSU Grant was cancelled without any value received by the Reporting Person, and the June 2025 RSU Grant was issued in lieu thereof ("June 2025 RSU Grant").

2. Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The vesting schedule of the June 2025 RSU Grant remains consistent with the April 2025 RSU Grant. 25% of the RSUs shall vest on April 4, 2026, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Agreement.

Remarks:

	/s/Matthew Cullen as Attorney-in-fact for Matthew Neagle	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.