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RSU grant lifts Porch Group (PRCH) director Sean Davis to 313,647 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Porch Group, Inc. director Sean Davis received an equity grant of 15,940 restricted stock units (RSUs) as compensation for serving on the company’s board. Each RSU converts into one share of common stock after it vests on the one-year anniversary of the grant date, assuming he remains a director through that date.

Following this award, Davis directly holds 313,647 shares of Porch Group common stock. Two-thirds of the vested shares from this RSU grant will be subject to resale restrictions after vesting, with those restrictions expiring in equal parts on the first and second anniversaries of the vesting date.

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Insider Kell Sean Davis
Role null
Type Security Shares Price Value
Grant/Award Common Stock 15,940 $0.00 --
Holdings After Transaction: Common Stock — 313,647 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 15,940 RSUs Annual equity grant for board service
Shares after transaction 313,647 shares Direct common stock holdings post-grant
Vesting period 1 year RSUs vest on one-year anniversary of grant date
Resale restriction portion Two-thirds of vested shares Subject to post-vesting resale restrictions
restricted stock units ("RSUs") financial
"Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc."
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.
Non-Employee Director Compensation Policy financial
"under the Company's Non-Employee Director Compensation Policy."
Annual Grant Vesting Date financial
"will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"),"
resale restrictions financial
"The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds"
Resale restrictions are rules that limit when, how, or to whom a buyer can sell securities or other assets they acquire, like a short lock on a new purchase or a requirement to sell only through certain channels. For investors, these limits affect liquidity and timing — they can delay cashing out, reduce potential buyers, or change the asset’s market value, much like a house with a covenant that restricts future sales.
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SEC Form 4
FORM 4UNITED 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*
Kell Sean Davis

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A15,940(1)A$0313,647D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Company common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.
Remarks:
Exhibit List - Exhibit 24 - Power of Attorney
/s/Meghan Silver as Attorney-in-fact for Sean Davis Kell06/12/2026
** Signature of Reporting PersonDate
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 did Porch Group (PRCH) director Sean Davis report in this Form 4?

Sean Davis reported receiving 15,940 restricted stock units as board compensation. These RSUs convert into common shares after vesting, increasing his direct Porch Group holdings to 313,647 shares, according to the filing’s post-transaction ownership disclosure.

How many Porch Group (PRCH) RSUs were granted to Sean Davis?

Sean Davis received a grant of 15,940 restricted stock units. Each RSU represents the right to receive one share of Porch Group common stock once vesting conditions are met under the company’s Non-Employee Director Compensation Policy.

When do Sean Davis’s new Porch Group (PRCH) RSUs vest?

The RSUs vest on the one-year anniversary of the grant date. Vesting is conditional on Sean Davis continuing to serve as a member of Porch Group’s board of directors through that one-year vesting date, as described in the footnote.

Are there resale restrictions on the Porch Group (PRCH) shares from these RSUs?

Yes. Two-thirds of the vested shares from this RSU grant cannot be sold immediately after vesting. Those resale restrictions lapse in equal increments on the first and second anniversaries of the RSU vesting date, limiting near-term liquidity from the award.

How many Porch Group (PRCH) shares does Sean Davis own after this grant?

After the RSU award, Sean Davis directly holds 313,647 shares of Porch Group common stock. This total reflects his ownership immediately following the reported RSU grant transaction in the Form 4 filing.