Porch Group CFO sells shares to cover RSU taxes

Porch Group, Inc. chief financial officer Shawn Tabak reported an automatic sale of common stock tied to equity compensation.

Rhea-AI Filing Summary

Porch Group, Inc. chief financial officer Shawn Tabak reported an automatic sale of common stock tied to equity compensation. On June 2, 2026, 3,944 shares of common stock were sold at a weighted average price of about $10.87 per share to cover tax withholding obligations from restricted stock units that vested on June 1, 2026. The company requires this sell-to-cover method, leaving the reporting person no discretion over the sale. After this transaction, Tabak directly held 265,495 shares of Porch Group common stock.

Insider Trade Summary

Net Seller: 3,944 shares

Net Sell 1 txn

Insider Tabak Shawn

Role CHIEF FINANCIAL OFFICER

Sold 3,944 shs ($43K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,944	$10.8701	$43K

Holdings After Transaction: Common Stock — 265,495 shares (Direct)

Footnotes (2)

1. F1. 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 June 1, 2026. 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 RSUs were granted on December 1, 2025 as part of the fourth and final annual grant of 25% of the Reporting Person's on hire award and will vest in equal installments every six months from the date of the grant.
2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8700 to $10.8850 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: 3,944 shares Weighted average sale price: $10.8701 per share Sale price range: $10.8700–$10.8850 per share +4 more

7 metrics

Shares sold 3,944 shares Common stock sold on June 2, 2026

Weighted average sale price $10.8701 per share Open-market sale to cover RSU taxes

Sale price range $10.8700–$10.8850 per share Multiple transactions on June 2, 2026

Shares held after transaction 265,495 shares Direct ownership after June 2, 2026 sale

RSU grant date December 1, 2025 Fourth and final 25% on-hire RSU grant

RSU vesting start June 1, 2026 RSUs vested and settled, triggering tax sale

RSU vesting schedule Every six months Equal installments from December 1, 2025 grant date

Key Terms

sell-to-cover, restricted stock units ("RSUs"), weighted average price, tax withholding obligations, +1 more

5 terms

sell-to-cover financial

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

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

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.

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

"represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs"

on hire award financial

"granted on December 1, 2025 as part of the fourth and final annual grant of 25% of the Reporting Person's on hire award"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Porch Group reported that CFO Shawn Tabak sold 3,944 shares of common stock on June 2, 2026. The shares were sold automatically to cover tax withholding obligations tied to recently vested restricted stock units.

Was the PRCH CFO’s June 2026 stock sale discretionary?

The sale was not discretionary. It was required by Porch Group under its sell-to-cover method, which is the sole way plan participants satisfy tax withholding obligations when their restricted stock units settle.

How many Porch Group shares did the CFO sell and at what price?

The CFO sold 3,944 shares of Porch Group common stock at a weighted average price of approximately $10.8701 per share. Individual trade prices ranged from $10.8700 to $10.8850 per share across multiple transactions.

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

Following the June 2, 2026 tax-related sale, CFO Shawn Tabak directly holds 265,495 shares of Porch Group common stock. This reflects his remaining position after 3,944 shares were sold to satisfy tax withholding obligations.

Why were Porch Group RSU-related shares sold on June 2, 2026?

Shares were sold to cover tax withholding obligations from restricted stock units that vested and settled on June 1, 2026. Porch Group uses a mandatory sell-to-cover approach as the only method for participants to pay these tax obligations.

When were the Porch Group RSUs that triggered this sale originally granted?

The restricted stock units were granted on December 1, 2025 as part of the fourth and final annual 25% installment of the CFO’s on-hire equity award. They are scheduled to vest in equal installments every six months from the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/04/2026 - 05:51 PM Learn about SEC filing dates

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)
06/02/2026

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	06/02/2026		S(1)		3,944	D	$10.8701(2)	265,495	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 June 1, 2026. 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 RSUs were granted on December 1, 2025 as part of the fourth and final annual grant of 25% of the Reporting Person's on hire award and will vest in equal installments every six months from the date of the grant.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8700 to $10.8850 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	06/04/2026
	** 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)