PRCH Form 4: 11,548-Share Disposition; 1,009,354 Shares Remain

Rhea-AI Filing Summary

Porch Group, Inc. (PRCH) reporting person Matthew Neagle, identified as the company’s Chief Operating Officer, reported a disposition of 11,548 shares of common stock on 10/01/2025 at a price of $16.91 per share. The filing shows 1,009,354 shares beneficially owned by the reporting person after the transaction. The Form 4 explains these shares were withheld to satisfy tax withholding on the semi-annual vesting of his May 20, 2022 restricted stock unit grant. The RSUs remain on a 48-month vesting schedule that commenced on 4/1/2022 and will continue to vest ratably every six months, subject to Mr. Neagle’s continuous employment or service. The form was signed on behalf of Mr. Neagle by an attorney-in-fact on 10/03/2025.

Positive

• RSU vesting continues on the original 48-month schedule commencing 4/1/2022
• Reporting person retains 1,009,354 shares following the transaction

Negative

• Disposition of 11,548 shares reported on 10/01/2025 at $16.91 per share
• Shares were withheld for tax withholding on vested RSUs, reducing immediate share count

Insights

Corporate Insider

TL;DR: Insider disposition tied to RSU tax withholding; substantial retained ownership remains.

The Form 4 documents a 10/01/2025 disposition of 11,548 shares at $16.91, which the filer explains were withheld as payment related to the semi-annual vesting of an RSU grant. Because the filing explicitly attributes the share movement to withholding on vested RSUs, this is an administrative sale rather than an open-market investment decision disclosed in the form.

The reporting person still beneficially owns 1,009,354 shares following the transaction, and the RSU award continues to vest on the stated 48-month schedule beginning 4/1/2022. That retention level is a factual point of investor interest contained in the filing.

Securities Counsel

TL;DR: Filing indicates compliance with Section 16 reporting and documents withholding for tax purposes.

The Form 4 uses transaction code F (disposition) with an explanatory note that the shares were withheld upon the semi-annual vesting of the May 20, 2022 RSU grant. The document includes the required signature executed by an attorney-in-fact on 10/03/2025, satisfying the report filing procedure shown. All facts stated in the filing are internal to the report; no additional legal conclusions are provided.

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)
10/01/2025

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	10/01/2025		F		11,548(1)	D	$16.91	1,009,354	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. These shares represent shares withheld on the semi-annual vesting of the Reporting Person's May 20, 2022 RSU grant. The RSUs will continue to vest ratably every 6 months over the remaining term of the 48-month vesting period which commenced on April 1, 2022, subject to the Reporting Person's continuous employment or service with the Issuer.

Remarks:

	/s/Matthew Cullen as Attorney-in-fact for Matthew Neagle	10/03/2025
	** 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

What transaction did PRCH insider Matthew Neagle report on Form 4?

The Form 4 reports a disposition of 11,548 shares on 10/01/2025 at $16.91 per share.

Why were the 11,548 shares disposed according to the filing?

The filing states the shares were withheld to satisfy tax withholding on the semi-annual vesting of a May 20, 2022 RSU grant.

How many PRCH shares does Matthew Neagle beneficially own after the reported transaction?

The Form 4 shows the reporting person beneficially owns 1,009,354 shares after the transaction.

What is the vesting schedule for the RSUs referenced in the Form 4?

The RSUs are on a 48-month vesting period that commenced on 4/1/2022 and vest ratably every six months, subject to continuous employment or service.

Who signed the Form 4 for Matthew Neagle and when?

The Form 4 was signed by Matthew Cullen as attorney-in-fact for Matthew Neagle on 10/03/2025.