Porch Group director receives 15,940-share RSU award

Porch Group, Inc. director Rachel Lam received an annual equity grant of 15,940 restricted stock units (RSUs) for board service under the company’s Non-Employee Director Compensation Policy.

Rhea-AI Filing Summary

Porch Group, Inc. director Rachel Lam received an annual equity grant of 15,940 restricted stock units (RSUs) for board service under the company’s Non-Employee Director Compensation Policy. Each RSU converts into one share of common stock when it vests.

The RSUs vest on the one-year anniversary of the grant date, as long as Lam remains on the board through that date. After vesting, two-thirds of the shares are subject to resale restrictions that lapse in equal parts on the first and second anniversaries of the vesting date. Following this award, Lam directly holds 193,931 shares of Porch Group common stock.

Insider Trade Summary

Grant/Award: 15,940 shares

Grant/Award 1 txn

Insider Lam Rachel

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,940	$0.00	$0.00

Holdings After Transaction: Common Stock — 193,931 shares (Direct)

Footnotes (1)

1. F1. Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Company common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.

Key Figures

RSU grant size: 15,940 RSUs Post-transaction holdings: 193,931 shares Vesting schedule: 1-year cliff vesting +2 more

5 metrics

RSU grant size 15,940 RSUs Annual equity grant for board service

Post-transaction holdings 193,931 shares Total common shares held directly after grant

Vesting schedule 1-year cliff vesting RSUs vest on one-year anniversary of grant date

Resale restrictions portion Two-thirds of vested shares Portion restricted from sale after vesting

Resale restriction duration 2 years post-vesting Restrictions expire in equal parts on first and second anniversaries

Key Terms

restricted stock units ("RSUs"), Non-Employee Director Compensation Policy, vesting, resale restrictions, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Non-Employee Director Compensation Policy financial

"for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy."

vesting financial

"Each RSU represents a right to receive one share of Company common stock upon vesting."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

resale restrictions financial

"The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold"

Resale restrictions are rules that limit when, how, or to whom a buyer can sell securities or other assets they acquire, like a short lock on a new purchase or a requirement to sell only through certain channels. For investors, these limits affect liquidity and timing — they can delay cashing out, reduce potential buyers, or change the asset’s market value, much like a house with a covenant that restricts future sales.

board of directors financial

"for service on the Porch Group, Inc. (the "Company") board of directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

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

What did Porch Group (PRCH) director Rachel Lam report in this Form 4?

Rachel Lam reported receiving an annual grant of 15,940 restricted stock units of Porch Group common stock for board service. These RSUs are part of the company’s Non-Employee Director Compensation Policy and convert into common shares as they vest over time.

How many Porch Group (PRCH) shares does Rachel Lam hold after this grant?

After the award, Rachel Lam directly holds 193,931 shares of Porch Group common stock. This total includes the new restricted stock unit grant reported in the Form 4, reflecting her updated post-transaction ownership position as a member of the company’s board.

When do Rachel Lam’s new Porch Group (PRCH) RSUs vest?

The 15,940 RSUs granted to Rachel Lam vest on the one-year anniversary of the grant date. Vesting requires that she remain a member of Porch Group’s board of directors continuously through that one-year vesting date under the policy terms.

Are there resale restrictions on Rachel Lam’s Porch Group (PRCH) RSUs?

Yes. After vesting, two-thirds of the shares underlying Rachel Lam’s RSUs cannot be sold immediately. These resale restrictions expire in equal increments on the first and second anniversaries of the vesting date, gradually allowing more shares to become freely tradable.

What does each RSU granted to Rachel Lam by Porch Group (PRCH) represent?

Each RSU granted to Rachel Lam represents a right to receive one share of Porch Group common stock upon vesting. She does not pay a purchase price for these shares; instead, they are issued as part of her compensation for serving on the board.

Is Rachel Lam’s Porch Group (PRCH) RSU grant part of a standard director program?

The filing states this is an annual RSU grant under Porch Group’s Non-Employee Director Compensation Policy. That indicates it is a standard equity component of compensation for outside directors, rather than a one-time or special award unique to this director.

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

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Accepted by SEC EDGAR 06/12/2026 - 05:51 PM EDT 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^*

Lam Rachel

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/10/2026		A		15,940(1)	A	$0	193,931	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. Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Company common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/Meghan Silver as Attorney-in-fact for Rachel Lam	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)