[Form 4] Porch Group, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Porch Group, Inc.’s Chief Operating Officer Matthew Neagle reported a required sale of 62,827 shares of common stock at a weighted average price of $7.1516 per share. This disposition was mandated by the company under a sell-to-cover method to satisfy tax withholding obligations on performance-based RSU awards that vested on April 7, 2026.
The company has indicated it will settle vested PRSU-related shares in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026, to reduce market impact. After this transaction, Neagle directly holds 2,691,256 shares of Porch Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62,827 shares ($449,314)
Net Sell
1 txn
Insider
Neagle Matthew
Role
Chief Operating Officer
Sold
62,827 shs ($449K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 62,827 | $7.1516 | $449K |
Holdings After Transaction:
Common Stock — 2,691,256 shares (Direct)
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 $6.80 to $7.77 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.