Porch Group COO sells 50,000 shares at $16.46
Porch Group’s COO sold 50,000 PRCH shares under a pre-arranged Rule 10b5-1 trading plan and continues to hold a significant direct position.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Porch Group, Inc. (PRCH) reported that Chief Operating Officer Matthew Neagle sold 50,000 shares of common stock on September 14, 2026 at a weighted average price of $16.4581 per share in open-market or private transactions. The sale was made under a Rule 10b5-1 trading plan, and Neagle now holds 1,940,705 shares of Porch Group common stock directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 50,000 | $16.4581 | $823K |
Footnotes (2)
- F1. Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on June 15, 2026 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on June 15, 2027 and covers the sale of up to an aggregate of 500,000 shares of the Issuer's common stock. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.05 to $17.0499 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
aggregate financial
FAQ
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What insider transaction did PRCH report for Chief Operating Officer Matthew Neagle?
Was the PRCH insider sale made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.