Tax-driven stock sale by Porch Group (PRCH) COO after RSU vest

Rhea-AI Filing Summary

Porch Group, Inc. Chief Operating Officer Matthew Neagle reported an open-market sale of 8,446 shares of common stock at a weighted average price of $6.9774 per share. After the sale, he directly holds 2,626,286 shares.

According to the disclosure, this sale was required by the company to cover tax withholding obligations tied to the vesting and settlement of restricted stock units from a May 20, 2022 RSU grant. Those RSUs vested on April 1, 2026, completing a 48‑month vesting period that began on April 1, 2022. The weighted average sale price reflects multiple trades between $6.92 and $6.98 per share.

Insider Trade Summary

Net Seller: 8,446 shares ($58,931)

Net Sell 1 txn

Insider Neagle Matthew

Role Chief Operating Officer

Sold 8,446 shs ($59K)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,446	$6.9774	$59K

Holdings After Transaction: Common Stock — 2,626,286 shares (Direct)

Footnotes (1)

1. 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 April 1, 2026 on the semi-annual vesting of the Reporting Person's May 20, 2022 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 48-month vesting period, which commenced on April 1, 2022, has concluded for this award, which is now fully vested. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.92 to $6.98 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.

Key Figures

Shares sold: 8,446 shares Weighted average sale price: $6.9774 per share Post-transaction holdings: 2,626,286 shares +1 more

4 metrics

Shares sold 8,446 shares Open-market sale on April 2, 2026

Weighted average sale price $6.9774 per share Common stock sale in multiple transactions

Post-transaction holdings 2,626,286 shares Directly owned by COO after sale

Vesting period length 48 months RSU grant vesting from April 1, 2022 to April 1, 2026

Key Terms

restricted stock units ("RSUs"), sell-to-cover method, weighted average price, vesting period

4 terms

restricted stock units ("RSUs") financial

"represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs")"

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.

sell-to-cover method financial

"The Issuer has adopted this sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations"

weighted average price financial

"The reported price in Column 4 is a weighted average price."

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.

vesting period financial

"The 48-month vesting period, which commenced on April 1, 2022, has concluded for this award"

A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.

Form 4 Insider Transactions: What Each Field Means →

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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	04/02/2026		S(1)		8,446	D	$6.9774(2)	2,626,286	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. 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 April 1, 2026 on the semi-annual vesting of the Reporting Person's May 20, 2022 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 48-month vesting period, which commenced on April 1, 2022, has concluded for this award, which is now fully vested.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.92 to $6.98 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 Matthew Neagle	04/03/2026
	** 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)

FAQ

What insider transaction did Porch Group (PRCH) report in this Form 4?

Porch Group reported that COO Matthew Neagle sold 8,446 shares of common stock. The shares were sold at a weighted average price of $6.9774 per share in multiple transactions, and the sale was tied to tax withholding obligations on vested RSUs.

Why did Porch Group (PRCH) COO Matthew Neagle sell 8,446 shares?

The sale was required by the company to cover tax withholding obligations from RSUs that vested on April 1, 2026. Porch Group uses this sell-to-cover method as the sole way for plan participants to satisfy tax obligations upon award settlement.

How many Porch Group (PRCH) shares does the COO hold after the reported sale?

After selling 8,446 shares, COO Matthew Neagle directly holds 2,626,286 shares of Porch Group common stock. This context shows the sale represents a small portion of his total reported direct holdings following the transaction.

What vesting schedule applied to the RSUs involved in the Porch Group (PRCH) sale?

The RSUs were granted on May 20, 2022 and followed a 48-month vesting period that began April 1, 2022. The units vested and settled on April 1, 2026, and are now fully vested, triggering the tax-related sell-to-cover share sale.

At what prices were the Porch Group (PRCH) shares sold in this insider transaction?

The reported weighted average sale price was $6.9774 per share. The shares were sold in multiple trades at prices ranging from $6.92 to $6.98, and full price breakdowns are available upon request from the company or regulatory staff.