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Porch Group (PRCH) CFO reports planned stock sales for tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Porch Group, Inc. reported that its Chief Financial Officer, Shawn Tabak, sold common stock in two transactions under a pre-arranged Rule 10b5-1 trading plan. On December 11, 2025, he sold 10,706 shares at a weighted average price of $9.9928 per share, and on December 15, 2025, he sold 24,294 shares at a weighted average price of $9.6636 per share.

The filing states that these sales were made in connection with tax planning and that the proceeds are being used to help satisfy his tax obligations. After these transactions, Tabak beneficially owns 118,130 shares of Porch Group common stock. The 10b5-1 plan was entered into on December 10, 2024, is scheduled to terminate on March 31, 2026, and covers up to an aggregate of 205,000 shares.

Positive

  • None.

Negative

  • None.
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).
X
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 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 FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
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 12/11/2025 S(1) 10,706 D $9.9928(2) 142,424 D
Common Stock 12/15/2025 S(1) 24,294 D $9.6636(3) 118,130 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 a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on December 10, 2024 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on March 31, 2026, and covers the sale of up to an aggregate of 205,000 shares of the Issuer's common stock. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered. This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.86 to $10.07 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.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.48 to $10.10 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 12/15/2025
** 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 insider transaction did Porch Group (PRCH) disclose in this filing?

Porch Group disclosed that its Chief Financial Officer, Shawn Tabak, sold shares of the companys common stock in two transactions, reported on a Form 4 insider transaction report.

How many Porch Group (PRCH) shares did CFO Shawn Tabak sell?

CFO Shawn Tabak sold 10,706 shares of Porch Group common stock on December 11, 2025 and 24,294 shares on December 15, 2025.

At what prices were the Porch Group (PRCH) shares sold by the CFO?

The December 11, 2025 sale was at a weighted average price of $9.9928 per share, and the December 15, 2025 sale was at a weighted average price of $9.6636 per share.

How many Porch Group (PRCH) shares does the CFO own after these sales?

After the reported transactions, CFO Shawn Tabak beneficially owns 118,130 shares of Porch Group common stock.

What are the key terms of the CFOs Rule 10b5-1 trading plan for Porch Group (PRCH) shares?

The Rule 10b5-1 trading plan was entered into on December 10, 2024, is scheduled to terminate on March 31, 2026, and covers sales of up to an aggregate of 205,000 shares of Porch Group common stock.

Why did the Porch Group (PRCH) CFO sell shares according to the filing?

The filing explains that the reported sale was effected in connection with tax planning, and the proceeds are being used to help satisfy the CFOs tax obligations.

Were the Porch Group (PRCH) CFOs sales under a pre-arranged plan?

Yes. The filing states that the transactions were made pursuant to a Rule 10b5-1 trading plan, with trading not commencing until at least 90 days after the plan was entered.

Porch Group Inc

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960.99M
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Software - Application
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United States
SEATTLE