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[Form 4] Porch Group, Inc. Insider Trading Activity

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(Low)
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Form Type
4
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.

Matthew Neagle, Chief Operating Officer di Porch Group, ha ricevuto una concessione corretta di unità azionarie vincolate (RSU) pari a 129.848 azioni il 25 giugno 2025. Questa concessione sostituisce un precedente premio RSU di aprile 2025 che conteneva un errore di calcolo involontario ed è stato annullato senza alcun valore ricevuto.

La nuova concessione RSU di giugno 2025 mantiene lo stesso calendario di maturazione del premio originale:

  • 25% matura il 4 aprile 2026
  • Il restante 75% matura a scaglioni semestrali nei successivi 36 mesi (1/6 ogni periodo)

Dopo questa operazione, Neagle possiede direttamente 1.054.784 azioni ordinarie di Porch Group. Le RSU sono state concesse a costo zero e si convertiranno in azioni ordinarie al momento della maturazione, subordinatamente alla continuazione del rapporto di lavoro.

Matthew Neagle, Director de Operaciones de Porch Group, recibió una concesión corregida de unidades restringidas de acciones (RSU) por 129,848 acciones el 25 de junio de 2025. Esta concesión reemplaza una adjudicación anterior de RSU de abril de 2025 que contenía un error de cálculo inadvertido y fue cancelada sin recibir ningún valor.

La nueva concesión de RSU de junio de 2025 mantiene el mismo calendario de adquisición que la adjudicación original:

  • 25% se adquiere el 4 de abril de 2026
  • El 75% restante se adquiere en incrementos semestrales durante los siguientes 36 meses (1/6 cada período)

Tras esta transacción, Neagle posee directamente 1.054.784 acciones ordinarias de Porch Group. Las RSU se otorgaron sin costo y se convertirán en acciones ordinarias al momento de la adquisición, sujeto a la continuidad del empleo.

Porch Group 최고운영책임자(Chief Operating Officer) 매튜 니글(Matthew Neagle)는 2025년 6월 25일에 129,848주의 수정된 제한주식단위(RSU)를 받았습니다. 이 수여는 2025년 4월에 부여된 RSU에서 계산 오류가 있었던 이전 수여를 대체하며, 해당 수여는 가치 없이 취소되었습니다.

새로운 2025년 6월 RSU 수여는 원래 수여와 동일한 베스팅 일정이 적용됩니다:

  • 25%는 2026년 4월 4일에 베스팅됩니다
  • 나머지 75%는 이후 36개월 동안 6개월 단위로 베스팅됩니다(각 기간마다 1/6씩)

이번 거래 후, 니글은 Porch Group 보통주 1,054,784주를 직접 보유하게 됩니다. RSU는 비용 없이 부여되었으며, 계속 고용 조건 하에 베스팅 시 보통주로 전환됩니다.

Matthew Neagle, directeur des opérations du Porch Group, a reçu une attribution corrigée d’unités d’actions restreintes (RSU) de 129 848 actions le 25 juin 2025. Cette attribution remplace une précédente attribution de RSU d’avril 2025 qui comportait une erreur de calcul involontaire et a été annulée sans valeur reçue.

La nouvelle attribution de RSU de juin 2025 conserve le même calendrier d’acquisition que l’attribution originale :

  • 25% acquises le 4 avril 2026
  • Les 75% restants s’acquièrent par tranches semestrielles sur les 36 mois suivants (1/6 chaque période)

À la suite de cette opération, Neagle détient directement 1 054 784 actions ordinaires de Porch Group. Les RSU ont été attribuées sans coût et seront converties en actions ordinaires lors de leur acquisition, sous réserve de la poursuite de l’emploi.

Matthew Neagle, Chief Operating Officer der Porch Group, erhielt am 25. Juni 2025 eine korrigierte Zuteilung von Restricted Stock Units (RSUs) über 129.848 Aktien. Diese Zuteilung ersetzt eine frühere RSU-Auszeichnung vom April 2025, die einen unbeabsichtigten Berechnungsfehler enthielt und ohne Wert annulliert wurde.

Die neue RSU-Zuteilung vom Juni 2025 behält denselben Vesting-Zeitplan wie die ursprüngliche Auszeichnung bei:

  • 25% vesten am 4. April 2026
  • Die verbleibenden 75% vesten in sechsmonatigen Intervallen über die folgenden 36 Monate (jeweils 1/6 pro Periode)

Nach dieser Transaktion besitzt Neagle direkt 1.054.784 Aktien der Porch Group Stammaktien. Die RSUs wurden ohne Kosten gewährt und wandeln sich bei Vesting in Stammaktien um, vorbehaltlich der fortgesetzten Anstellung.

Positive
  • None.
Negative
  • None.

Matthew Neagle, Chief Operating Officer di Porch Group, ha ricevuto una concessione corretta di unità azionarie vincolate (RSU) pari a 129.848 azioni il 25 giugno 2025. Questa concessione sostituisce un precedente premio RSU di aprile 2025 che conteneva un errore di calcolo involontario ed è stato annullato senza alcun valore ricevuto.

La nuova concessione RSU di giugno 2025 mantiene lo stesso calendario di maturazione del premio originale:

  • 25% matura il 4 aprile 2026
  • Il restante 75% matura a scaglioni semestrali nei successivi 36 mesi (1/6 ogni periodo)

Dopo questa operazione, Neagle possiede direttamente 1.054.784 azioni ordinarie di Porch Group. Le RSU sono state concesse a costo zero e si convertiranno in azioni ordinarie al momento della maturazione, subordinatamente alla continuazione del rapporto di lavoro.

Matthew Neagle, Director de Operaciones de Porch Group, recibió una concesión corregida de unidades restringidas de acciones (RSU) por 129,848 acciones el 25 de junio de 2025. Esta concesión reemplaza una adjudicación anterior de RSU de abril de 2025 que contenía un error de cálculo inadvertido y fue cancelada sin recibir ningún valor.

La nueva concesión de RSU de junio de 2025 mantiene el mismo calendario de adquisición que la adjudicación original:

  • 25% se adquiere el 4 de abril de 2026
  • El 75% restante se adquiere en incrementos semestrales durante los siguientes 36 meses (1/6 cada período)

Tras esta transacción, Neagle posee directamente 1.054.784 acciones ordinarias de Porch Group. Las RSU se otorgaron sin costo y se convertirán en acciones ordinarias al momento de la adquisición, sujeto a la continuidad del empleo.

Porch Group 최고운영책임자(Chief Operating Officer) 매튜 니글(Matthew Neagle)는 2025년 6월 25일에 129,848주의 수정된 제한주식단위(RSU)를 받았습니다. 이 수여는 2025년 4월에 부여된 RSU에서 계산 오류가 있었던 이전 수여를 대체하며, 해당 수여는 가치 없이 취소되었습니다.

새로운 2025년 6월 RSU 수여는 원래 수여와 동일한 베스팅 일정이 적용됩니다:

  • 25%는 2026년 4월 4일에 베스팅됩니다
  • 나머지 75%는 이후 36개월 동안 6개월 단위로 베스팅됩니다(각 기간마다 1/6씩)

이번 거래 후, 니글은 Porch Group 보통주 1,054,784주를 직접 보유하게 됩니다. RSU는 비용 없이 부여되었으며, 계속 고용 조건 하에 베스팅 시 보통주로 전환됩니다.

Matthew Neagle, directeur des opérations du Porch Group, a reçu une attribution corrigée d’unités d’actions restreintes (RSU) de 129 848 actions le 25 juin 2025. Cette attribution remplace une précédente attribution de RSU d’avril 2025 qui comportait une erreur de calcul involontaire et a été annulée sans valeur reçue.

La nouvelle attribution de RSU de juin 2025 conserve le même calendrier d’acquisition que l’attribution originale :

  • 25% acquises le 4 avril 2026
  • Les 75% restants s’acquièrent par tranches semestrielles sur les 36 mois suivants (1/6 chaque période)

À la suite de cette opération, Neagle détient directement 1 054 784 actions ordinaires de Porch Group. Les RSU ont été attribuées sans coût et seront converties en actions ordinaires lors de leur acquisition, sous réserve de la poursuite de l’emploi.

Matthew Neagle, Chief Operating Officer der Porch Group, erhielt am 25. Juni 2025 eine korrigierte Zuteilung von Restricted Stock Units (RSUs) über 129.848 Aktien. Diese Zuteilung ersetzt eine frühere RSU-Auszeichnung vom April 2025, die einen unbeabsichtigten Berechnungsfehler enthielt und ohne Wert annulliert wurde.

Die neue RSU-Zuteilung vom Juni 2025 behält denselben Vesting-Zeitplan wie die ursprüngliche Auszeichnung bei:

  • 25% vesten am 4. April 2026
  • Die verbleibenden 75% vesten in sechsmonatigen Intervallen über die folgenden 36 Monate (jeweils 1/6 pro Periode)

Nach dieser Transaktion besitzt Neagle direkt 1.054.784 Aktien der Porch Group Stammaktien. Die RSUs wurden ohne Kosten gewährt und wandeln sich bei Vesting in Stammaktien um, vorbehaltlich der fortgesetzten Anstellung.

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.

FAQ

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).
Porch Group Inc

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