Porch Group COO sells 58,978 shares for taxes

Porch Group, Inc. Chief Operating Officer Matthew Neagle reported an issuer-directed sale of 58,978 shares of common stock on April 17, 2026.

Rhea-AI Filing Summary

Porch Group, Inc. Chief Operating Officer Matthew Neagle reported an issuer-directed sale of 58,978 shares of common stock on April 17, 2026. The sale was executed under a mandatory sell-to-cover method to satisfy tax withholding obligations tied to performance-based restricted stock units that vested on April 7, 2026, with settlement planned over several transactions between April 7 and May 21, 2026. The shares were sold at a weighted average price of $7.8722 across multiple trades ranging from $7.56 to $8.25 per share, and Neagle continued to hold 2,548,679 shares directly after the transaction.

Insider Trade Summary

Net Seller: 58,978 shares

Net Sell 1 txn

Insider Neagle Matthew

Role Chief Operating Officer

Sold 58,978 shs ($464K)

Type	Security	Shares	Price	Value
Sale	Common Stock	58,978	$7.8722	$464K

Holdings After Transaction: Common Stock — 2,548,679 shares (Direct)

Footnotes (2)

1. F1. This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026. As previously disclosed, the Issuer has confirmed its intent to settle vested shares of Common Stock for these PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact.
2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.56 to $8.25 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: 58,978 shares Weighted average sale price: $7.8722 per share Sale price range: $7.56–$8.25 per share +3 more

6 metrics

Shares sold 58,978 shares Open-market sale on April 17, 2026

Weighted average sale price $7.8722 per share Issuer-directed sell-to-cover transaction

Sale price range $7.56–$8.25 per share Multiple transactions on April 17, 2026

Shares held after transaction 2,548,679 shares Direct ownership following April 17, 2026 sale

PRSU vesting date April 7, 2026 Performance-based RSUs that triggered tax withholding sale

Settlement window April 7–May 21, 2026 Planned period to settle vested PRSUs in several transactions

Key Terms

sell-to-cover, performance-based restricted stock unit ("PRSU"), weighted average price, multiple transactions, +1 more

5 terms

sell-to-cover financial

"This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a 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.

performance-based restricted stock unit ("PRSU") financial

"in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026"

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.

multiple transactions financial

"These shares were sold in multiple transactions at prices ranging from $7.56 to $8.25 per share."

tax withholding obligations financial

"plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards"

FAQ

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

What did Porch Group (PRCH) COO Matthew Neagle report in this Form 4?

Porch Group COO Matthew Neagle reported an issuer-directed sale of 58,978 common shares. The transaction occurred on April 17, 2026 at a weighted average price of $7.8722, related to tax withholding for vested performance-based restricted stock units.

Was the PRCH COO’s April 17, 2026 stock sale discretionary?

The April 17, 2026 sale was not discretionary by the COO. It was required by Porch Group under a sell-to-cover method, used as the sole means for plan participants to satisfy tax withholding obligations on vested performance-based restricted stock units.

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

After the issuer-directed sale, COO Matthew Neagle holds 2,548,679 Porch Group common shares directly. This figure reflects his position following the 58,978-share sale tied to tax withholding on performance-based restricted stock units vesting in April 2026.

What price range applied to the PRCH COO’s April 17, 2026 share sale?

The reported weighted average sale price was $7.8722 per share. Individual trades occurred in multiple transactions at prices ranging from $7.56 to $8.25, according to the disclosure, with detailed price breakdowns available upon request from the company or regulators.

Why were Porch Group (PRCH) shares sold in several transactions over April–May 2026?

Porch Group confirmed its intent to settle vested performance-based restricted stock unit awards in several transactions between April 7 and May 21, 2026. This schedule aims to satisfy tax withholding needs while reducing market impact by spreading the settlement-related share sales over roughly 45 days.

What equity awards triggered the PRCH COO’s tax-related share sale?

The sale related to performance-based restricted stock unit (PRSU) awards that vested on April 7, 2026. Porch Group required a sell-to-cover method as the sole means for plan participants, including the COO, to satisfy associated tax withholding obligations upon settlement in common stock.

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

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Accepted by SEC EDGAR 04/21/2026 - 05:42 PM EDT 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^*

Neagle Matthew

(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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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	04/17/2026		S(1)		58,978	D	$7.8722(2)	2,548,679	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) under a sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026. As previously disclosed, the Issuer has confirmed its intent to settle vested shares of Common Stock for these PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.56 to $8.25 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 Matthew Neagle	04/21/2026
	** 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)