Porch Group CEO Ehrlichman sells 26,135 shares
The RSUs continue to vest ratably every six months over the remaining 48-month vesting period, subject to continuous employment or service.
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Rhea-AI Filing Summary
Porch Group, Inc. (PRCH) CEO, Chairman and Founder Matt Ehrlichman reported direct common-stock sales required by the issuer at its election to cover tax withholding tied to RSU vesting and settlement, without his discretion: 29,254 shares at $17.3500 per share on October 6, 2025; 14,946 shares at a weighted average price of $16.8398 per share on October 5, 2026; and 26,135 shares at $17.3500 per share on October 6, 2026. No Rule 10b5-1 plan is reported. A separate holding entry lists 6,416,712 shares held indirectly by West Equities, LLC, over which Ehrlichman has sole voting and dispositive power.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 26,135 | $17.35 | $453K |
| Sale | Common Stock F1, F2 | 14,946 | $16.8398 | $252K |
| Sale | Common Stock F4 | 29,254 | $17.35 | $508K |
| holding | Common Stock F5 | -- | -- | -- |
Footnotes (5)
- F1. This sale was required by the Issuer at its election (without any discretion by the Reporting Person), and represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs") that vested on October 4, 2026 on the semi-annual vesting of the Reporting Person's April 4, 2025 RSU grant. The Issuer has adopted this sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of awards. The RSUs will continue to vest ratably every 6 months over the remaining 48-month vesting period which commenced on April 4, 2026, subject to the Reporting Person's continuous employment or service with the Issuer.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.83 to $17.2713 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.
- F3. This sale was required by the Issuer at its election (without any discretion by the Reporting Person), and represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs that vested on October 5, 2026 on the semi-annual vesting of the Reporting Person's April 5, 2024 RSU grant. The Issuer has adopted this sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of awards. The RSUs will continue to vest ratably every 6 months over the remaining 48-month vesting period which commenced on April 5, 2025, subject to the Reporting Person's continuous employment or service with the Issuer.
- F4. This sale was required by the Issuer at its election (without any discretion by the Reporting Person), and represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs that vested on October 5, 2026 on the semi-annual vesting of the Reporting Person's April 7, 2023 RSU grant. The Issuer has adopted this sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of awards. The RSUs will continue to vest ratably every 6 months over the remaining 48-month vesting period which commenced on April 5, 2024, subject to the Reporting Person's continuous employment or service with the Issuer.
- F5. Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.
Key Figures
Key Terms
restricted stock units financial
sell-to-cover method financial
weighted average price financial
sole voting and dispositive power regulatory
FAQ
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What vesting terms apply to Matt Ehrlichman's PRCH RSUs?
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