STOCK TITAN

Tax-withholding sale: Porch Group (PRCH) CFO disposes 10,610 shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Porch Group, Inc. chief financial officer Shawn Tabak reported an open-market sale of 10,610 shares of common stock at a weighted average price of $10.4308 per share. After the transaction, he directly holds 342,405 shares of Porch Group common stock.

According to the filing, this sale was required by the company at its election, using a sell-to-cover method as the sole way for plan participants to satisfy tax withholding obligations tied to performance-based restricted stock unit awards that vested on April 7, 2026. The issuer has indicated it will settle vested shares in several transactions over approximately 45 days between April 7, 2026 and May 21, 2026 to reduce market impact.

Positive

  • None.

Negative

  • None.
Insider Tabak Shawn
Role CHIEF FINANCIAL OFFICER
Sold 10,610 shs ($111K)
Type Security Shares Price Value
Sale Common Stock 10,610 $10.4308 $111K
Holdings After Transaction: Common Stock — 342,405 shares (Direct, null)
Footnotes (1)
  1. This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026. As previously disclosed, the Issuer has confirmed its intent to settle vested shares of Common Stock for these PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.12 to $10.78 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Shares sold 10,610 shares Open-market sale on April 7, 2026-related tax event
Weighted average sale price $10.4308 per share Common stock sale reported in Form 4
Post-sale holdings 342,405 shares Common stock directly owned after transaction
Sale price range $10.12–$10.78 per share Multiple trades underlying weighted average price
PRSU vesting date April 7, 2026 Performance-based RSU awards that triggered tax obligation
Settlement window April 7, 2026–May 21, 2026 Planned period to settle vested PRSU shares
sell-to-cover method financial
"sale was required by the Issuer at its election ... under a sell-to-cover method as the sole means for plan participants to satisfy tax"
performance-based restricted stock unit ("PRSU") awards financial
"tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026"
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
SEC Form 4
FORM 4UNITED 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*
Tabak Shawn

(Last)(First)(Middle)
411 FIRST AVENUE SOUTH
SUITE 501

(Street)
SEATTLE WASHINGTON 98104

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Porch Group, Inc. [ PRCH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026S(1)10,610D$10.4308(2)342,405D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026. As previously disclosed, the Issuer has confirmed its intent to settle vested shares of Common Stock for these PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.12 to $10.78 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Meghan Silver as Attorney-in-fact for Shawn Tabak05/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Porch Group (PRCH) CFO Shawn Tabak report in this Form 4?

He reported selling 10,610 shares of Porch Group common stock at a weighted average price of $10.4308 per share. The transaction was disclosed as an open-market sale and left him with 342,405 shares held directly after completion.

Why were PRCH shares sold by the Porch Group CFO in this transaction?

The filing states the sale was required by Porch Group at its election under a sell-to-cover method. It was the sole means for plan participants to satisfy tax withholding obligations on performance-based restricted stock unit awards that vested on April 7, 2026.

How many Porch Group (PRCH) shares does the CFO hold after this sale?

Following the reported sale of 10,610 shares, the Form 4 shows Shawn Tabak directly owns 342,405 shares of Porch Group common stock. This figure reflects his holdings immediately after the tax-related sell-to-cover transaction disclosed in the filing.

What price range did the PRCH CFO’s shares sell for in this Form 4?

The filing notes a weighted average sale price of $10.4308 per share, with individual trades executed between $10.12 and $10.78 per share. The CFO undertook to provide detailed trade information upon request to the issuer, shareholders, or SEC staff.

How are Porch Group (PRCH) PRSU awards linked to this CFO stock sale?

The sale relates to performance-based restricted stock unit awards that vested on April 7, 2026. Porch Group required a sell-to-cover transaction as the only method for participants to meet tax withholding obligations arising from settlement of those vested PRSU awards.