Porch Group (PRCH) CFO withholds 5,070 shares for RSU taxes at $17.02
Shawn Tabak, Chief Financial Officer of Porch Group, Inc. (PRCH), reported two dispositions of common stock on 10/05/2025 that were withheld to cover taxes on vested restricted stock units (RSUs).
Rhea-AI Filing Summary
Shawn Tabak, Chief Financial Officer of Porch Group, Inc. (PRCH), reported two dispositions of common stock on 10/05/2025 that were withheld to cover taxes on vested restricted stock units (RSUs). A total of 2,241 shares were withheld from the April 7, 2023 RSU grant and 2,829 shares from the April 5, 2024 RSU grant, each at a price of $17.02. After these withholdings the filings show beneficial ownership levels of 162,916 and 160,087 shares respectively. The RSU awards continue to vest ratably every six months over a 48-month schedule, subject to continued service.
Positive
- RSU vesting continues on a scheduled, ratable 48-month timeline, indicating ongoing compensation alignment
- Withholdings were routine tax-related dispositions rather than open-market sales, limiting market signaling
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,241 | $17.02 | $38K |
| Exercise Price or Tax Liability | Common Stock | 2,829 | $17.02 | $48K |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What did PRCH CFO Shawn Tabak report on Form 4?
When did the reported transactions occur for PRCH?
What are the original RSU grant dates mentioned?
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