Porch Group (PRCH) CFO executes 8,367-share sell-to-cover tax transaction

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Porch Group, Inc. Chief Financial Officer Shawn Tabak reported an open-market sale of 8,367 shares of common stock on April 17, 2026 at a weighted average price of $7.8722 per share, with individual trade prices ranging from $7.56 to $8.25.

According to the footnotes, this sale was required by the company under a sell-to-cover method as the sole way for plan participants to satisfy tax withholding obligations tied to performance-based restricted stock units that vested on April 7, 2026. The company previously confirmed its intent to settle vested shares in several transactions over approximately 45 days, between April 7 and May 21, 2026, to reduce market impact. After this transaction, Tabak directly holds 390,289 shares of Porch Group common stock.

Insider Trade Summary

Net Seller: 8,367 shares ($65,867)

Net Sell 1 txn

Insider Tabak Shawn

Role CHIEF FINANCIAL OFFICER

Sold 8,367 shs ($66K)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,367	$7.8722	$66K

Holdings After Transaction: Common Stock — 390,289 shares (Direct, null)

Footnotes (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 $7.56 to $8.25 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: 8,367 shares Weighted average sale price: $7.8722 per share Sale price range: $7.56–$8.25 per share +3 more

6 metrics

Shares sold 8,367 shares Open-market sale on April 17, 2026

Weighted average sale price $7.8722 per share Common stock sale on April 17, 2026

Sale price range $7.56–$8.25 per share Multiple transactions in reported sale

Shares owned after transaction 390,289 shares Direct holdings after April 17, 2026 sale

Sell-to-cover period Approximately 45 days Between April 7, 2026 and May 21, 2026

Vesting date April 7, 2026 PRSU awards vesting linked to tax sale

Key Terms

sell-to-cover method, performance-based restricted stock unit ("PRSU") awards, weighted average price, tax withholding obligations

4 terms

sell-to-cover method financial

"This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a sell-to-cover method"

performance-based restricted stock unit ("PRSU") awards financial

"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."

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.

tax withholding obligations financial

"as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit"

Form 4 Insider Transactions: What Each Field Means →

04/21/2026 - 05:43 PM

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/17/2026		S⁽¹⁾		8,367	D	$7.8722⁽²⁾	390,289	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $7.56 to $8.25 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 Tabak	04/21/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Porch Group (PRCH) report for CFO Shawn Tabak?

Porch Group reported that CFO Shawn Tabak sold 8,367 shares of common stock on April 17, 2026. The transaction was an open-market sale at a weighted average price of $7.8722 per share, with trade prices ranging from $7.56 to $8.25.

Why did the Porch Group (PRCH) CFO sell 8,367 shares?

The sale was required by Porch Group under a sell-to-cover method to satisfy tax withholding obligations. It related to performance-based restricted stock unit awards that vested on April 7, 2026, leaving no discretion to the reporting person over selling the shares.

What price did the Porch Group (PRCH) CFO receive for the sold shares?

The reported price is a weighted average of $7.8722 per share for the 8,367 shares sold. The shares were sold in multiple transactions at prices ranging from $7.56 to $8.25 per share, according to the filing footnote.

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

Following the April 17, 2026 transaction, CFO Shawn Tabak directly owns 390,289 shares of Porch Group common stock. This figure reflects his holdings after the 8,367-share open-market sale disclosed in the Form 4 filing.

What are the details of the PRSU awards mentioned in the Porch Group (PRCH) filing?

The filing states that performance-based restricted stock unit awards vested on April 7, 2026. To cover related tax withholding obligations, Porch Group required sales under a sell-to-cover method, settling vested common shares in several transactions between April 7 and May 21, 2026.

How will Porch Group (PRCH) execute the required sell-to-cover transactions?

Porch Group confirmed it intends to settle vested common shares for the PRSU awards in several transactions over approximately 45 days. These transactions are scheduled between April 7, 2026 and May 21, 2026 to help reduce the market impact of the required sales.