Porch Group (PRCH) CFO gains performance-based shares and lifts holdings

Rhea-AI Filing Summary

Porch Group, Inc. Chief Financial Officer Shawn Tabak reported equity compensation activity tied to a performance-based restricted stock unit award. On March 19, 2026, 123,986 performance-based RSUs were earned and exercised into an equal number of shares of common stock based on share price, revenue, and Adjusted EBITDA goals. A separate compensation-related acquisition added 123,980 common shares. Following these transactions, Tabak directly held 366,096 shares of common stock. The earned shares remain subject to service-based vesting through April 7, 2026. The company intends to settle vested shares in multiple transactions between April 7, 2026 and May 21, 2026 and use a sell-to-cover method, where the issuer sells shares at its election to satisfy tax withholding.

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

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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^*

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)
03/19/2026

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	03/19/2026		A		123,980(1)(2)	A	$0(3)	242,110	D
Common Stock	03/19/2026		M		123,986(1)(4)	A	$0(3)	366,096	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
Performance-based Restricted Stock Units	(3)	03/19/2026		M			123,986	(1)(4)	(1)(4)	Common Stock	123,986	$0	0	D

Explanation of Responses:

1. Represents shares of the Issuer's Common Stock earned under a performance-based restricted stock unit ("PRSU") award granted on April 7, 2023, following the Compensation Committee's certification of performance achievement on March 19, 2026. The PRSU award was subject to three distinct performance goals of share price, revenue, and Adjusted EBITDA. The earned shares remain subject to a service-based vesting condition through April 7, 2026. The Issuer has confirmed its intent to settle vested shares of Common Stock in numerous transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact. In addition, the Issuer has adopted a sell-to-cover method (shares will be sold by the Issuer at its election, and without any discretion by the Reporting Person) as the sole means for plan participants to satisfy tax withholding obligations upon the vesting and settlement of awards.

2. Represents PRSUs earned due to the achievement of revenue and Adjusted EBITDA goals.

3. Each PRSU represented a contingent right to receive, upon achievement of the applicable performance metric and subject to vesting, one share of the Issuer's Common Stock.

4. Represents PRSUs earned due to the achievement of specified share price goals. The original award was reported at target achievement, while the amount reported herein reflects actual achievement.

Remarks:

	/s/ Meghan Silver as Attorney-in-fact for Shawn Tabak	03/20/2026
	** 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)

FAQ

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

Porch Group reported equity compensation for CFO Shawn Tabak, including earned performance-based restricted stock units converted into common stock. The transactions reflect award achievement and vesting mechanics, not open-market buying or selling, and are tied to specific performance and service conditions.

How many shares did the Porch Group (PRCH) CFO acquire in this Form 4?

The CFO earned and exercised 123,986 performance-based RSUs into common stock and received a separate grant of 123,980 common shares. After these equity compensation events, his direct holdings increased to 366,096 shares of Porch Group common stock as reported in the filing.

What performance goals triggered the Porch Group (PRCH) PRSU award for the CFO?

The performance-based restricted stock units were tied to three goals: share price, revenue, and Adjusted EBITDA. Portions of the award were earned based on achievement of revenue and Adjusted EBITDA metrics and specified share price goals, as certified by the Compensation Committee on March 19, 2026.

What vesting conditions still apply to the Porch Group (PRCH) CFO’s earned shares?

Although the performance goals have been met, the earned shares remain subject to a service-based vesting condition through April 7, 2026. Full benefit from the award depends on continued service until that date, in addition to the prior performance certification.

How will tax withholding be handled for the Porch Group (PRCH) CFO’s award?

Porch Group adopted a sell-to-cover method for tax withholding on vesting and settlement. The company, at its election and without the CFO’s discretion, will sell shares to cover tax obligations, spreading settlements over roughly 45 days between April 7 and May 21, 2026.

Over what period will Porch Group (PRCH) settle the CFO’s vested shares?

Porch Group intends to settle vested common shares in numerous transactions over approximately 45 days. The schedule runs between April 7, 2026 and May 21, 2026, which the company states is designed to help reduce market impact from the settlements.