PRCH insider Matthew Neagle withholds 27,724 RSUs; holdings remain ~994k

Rhea-AI Filing Summary

Porch Group, Inc. (PRCH) reporting officer Matthew Neagle disclosed two non‑derivative disposals on 10/05/2025 that reflect shares withheld to cover tax/withholding on vested restricted stock units. A total of 27,724 shares were withheld at $17.02 per share (15,068 and 12,656 shares) and reported as dispositions. After these transactions the reporting person beneficially owned 994,286 and 981,630 shares on the two reported lines respectively, held directly. The filings state these withholdings correspond to the semi‑annual vesting of RSU grants dated 04/07/2023 and 04/05/2024, each vesting ratably every six months over a 48‑month schedule, subject to continued service.

Insights

Compensation & Equity Analyst

Withheld shares reflect routine tax withholding on RSU vesting; no open‑market sale disclosed.

The transactions reported as code F show 27,724 shares were withheld at $17.02 to satisfy tax obligations tied to RSU vesting from grants dated 04/07/2023 and 04/05/2024. These are internal withholdings that reduce the reporting line's share count but arise from compensation vesting rather than a voluntary sale.

Key dependencies include continued employment for future vesting under the stated 48‑month schedules; watch subsequent semi‑annual filings for further vesting and any change to withholding practices over the next 12 months.

Corporate Governance Specialist

Holding levels remain large, indicating continued insider exposure to shareholder outcomes.

The reporting person retains a substantial direct position after withholding (~994k and ~982k shares reported), which aligns insider incentives with long‑term performance. The form indicates direct ownership with no indirect ownership tags or option exercises reported.

Risks to monitor include any future open‑market sales or plan changes; the next two scheduled vesting events (semi‑annual) will show whether withholding frequency or amounts shift within the current fiscal year.

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
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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)
10/05/2025

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	10/05/2025		F		15,068(1)	D	$17.02	994,286	D
Common Stock	10/05/2025		F		12,656(2)	D	$17.02	981,630	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 April 7, 2023 RSU grant. The RSUs will continue to vest ratably every 6 months over the remaining term of the 48-month vesting, subject to the Reporting Person's continuous employment or service with the Issuer.

2. These shares represent shares withheld on the semi-annual vesting of the Reporting Person's April 5, 2024 RSU Grant. The RSUs will continue to vest ratably every 6 months over the remaining term of the 48-month vesting, subject to the Reporting Person's continuous employment or service with the Issuer.

Remarks:

	/s/Matthew Cullen as Attorney-in-fact for Matthew Neagle	10/07/2025
	** 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 did Matthew Neagle report on the Form 4 for PRCH?

Two dispositions of withheld shares totaling 27,724 on 10/05/2025, tied to RSU vesting; holdings reported at 994,286 and 981,630 shares respectively.

Were the reported transactions open‑market sales or tax withholdings?

They were tax/withholding dispositions for vested RSUs (transaction code F), not voluntary open‑market sales.

Which RSU grants do the withholdings relate to?

Withholdings correspond to the semi‑annual vesting of RSU grants dated 04/07/2023 and 04/05/2024.

How often will these RSUs continue to vest?

The RSUs will continue to vest ratably every 6 months over the remaining term of a 48‑month vesting schedule, subject to continued employment.

At what price were the withheld shares reported?

The withheld shares were reported at $17.02 per share.