How is the Porch Group (PRCH) CFO’s sale related to PRSU awards?

The sale covered tax withholding on performance-based restricted stock unit awards that vested on April 7, 2026. Porch Group confirmed it would settle vested Common Stock for these PRSUs in several transactions over about 45 days to reduce market impact.

Tax-related sale by Porch Group (PRCH) CFO Shawn Tabak to cover RSU taxes

Q: Over what period will Porch Group (PRCH) settle PRSU-related share transactions?

Porch Group intends to settle vested shares of Common Stock for the PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026. This approach aims to reduce potential market impact from the settlements.

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Porch Group, Inc. Chief Financial Officer Shawn Tabak reported an open‑market sale of 10,467 shares of Common Stock at a weighted average price of $10.3405 per share. The sale was required by the company under a sell‑to‑cover method to satisfy tax withholding on performance‑based RSUs that vested on April 7, 2026, leaving Tabak with 310,320 directly held shares. The shares were sold in multiple transactions at prices between $10.02 and $10.79 per share.

Insider Trade Summary

Net Seller: 10,467 shares ($108,234)

Net Sell 1 txn

Insider Tabak Shawn

Role CHIEF FINANCIAL OFFICER

Sold 10,467 shs ($108K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,467	$10.3405	$108K

Holdings After Transaction: Common Stock — 310,320 shares (Direct, null)

Footnotes (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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.79 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: 10,467 shares Weighted average sale price: $10.3405 per share Post-transaction holdings: 310,320 shares +3 more

6 metrics

Shares sold 10,467 shares Open-market sale on May 15, 2026

Weighted average sale price $10.3405 per share Price for 10,467 shares sold

Post-transaction holdings 310,320 shares Common Stock held directly after sale

Sale price range $10.02–$10.79 per share Multiple transactions within reported sale

Vesting date of PRSUs April 7, 2026 Performance-based RSU awards vesting date

Settlement window Approximately 45 days Between April 7, 2026 and May 21, 2026

Key Terms

sell-to-cover method, performance-based restricted stock unit, weighted average price, Common Stock

4 terms

sell-to-cover method financial

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

performance-based restricted stock unit financial

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

A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.

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.

Common Stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:37 PM

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)
05/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		S⁽¹⁾		10,467	D	$10.3405⁽²⁾	310,320	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $10.02 to $10.79 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	05/19/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Porch Group (PRCH) CFO Shawn Tabak report in this Form 4?

Porch Group CFO Shawn Tabak reported selling 10,467 shares of Common Stock at a weighted average price of $10.3405 per share. The transaction was an open-market sale disclosed as part of routine Section 16 insider reporting requirements.

Why did the Porch Group (PRCH) CFO sell 10,467 shares?

The sale was required by Porch Group at its election under a sell-to-cover method to satisfy tax withholding obligations. It related to performance-based restricted stock units that vested on April 7, 2026, rather than a discretionary decision by the CFO to reduce holdings.

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

After the reported transaction, CFO Shawn Tabak directly holds 310,320 shares of Porch Group Common Stock. This figure reflects his position following the 10,467-share tax-related sale disclosed in the Form 4 filing.

What price range were Porch Group (PRCH) shares sold at in this transaction?

The 10,467 shares were sold in multiple trades at prices ranging from $10.02 to $10.79 per share. The Form 4 reports a weighted average sale price of $10.3405 across all these individual transactions.