Porch Group CFO sells shares to cover PRSU taxes

Porch Group, Inc. Chief Financial Officer Shawn Tabak reported an issuer-directed sale of 7,734 shares of common stock on April 9, 2026.

Rhea-AI Filing Summary

Porch Group, Inc. Chief Financial Officer Shawn Tabak reported an issuer-directed sale of 7,734 shares of common stock on April 9, 2026. The shares were sold at a weighted average price of $7.1516 per share solely to satisfy tax withholding obligations related to performance-based restricted stock units that vested on April 7, 2026.

The sale was carried out under a required sell-to-cover method, with no trading discretion by the reporting person, and executed in multiple trades at prices between $6.80 and $7.77 per share. After this transaction, Tabak directly holds 416,353 shares of Porch Group common stock.

Insider Trade Summary

Net Seller: 7,734 shares

Net Sell 1 txn

Insider Tabak Shawn

Role CHIEF FINANCIAL OFFICER

Sold 7,734 shs ($55K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,734	$7.1516	$55K

Holdings After Transaction: Common Stock — 416,353 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 $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.

Key Figures

Shares sold: 7,734 shares Weighted average sale price: $7.1516 per share Post-transaction holdings: 416,353 shares +3 more

6 metrics

Shares sold 7,734 shares Open-market sale on April 9, 2026

Weighted average sale price $7.1516 per share Tax sell-to-cover transaction

Post-transaction holdings 416,353 shares Directly owned after April 9, 2026 sale

Price range of trades $6.80–$7.77 per share Multiple transactions included in reported sale

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

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

Key Terms

sell-to-cover method, performance-based restricted stock unit ("PRSU") awards, weighted average price, tax withholding obligations

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 as the sole means for plan participants to satisfy tax withholding obligations"

performance-based restricted stock unit ("PRSU") awards 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.

tax withholding obligations financial

"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"

FAQ

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

What insider transaction did Porch Group (PRCH) report for CFO Shawn Tabak?

Porch Group reported that CFO Shawn Tabak sold 7,734 shares of common stock on April 9, 2026. The sale was issuer-directed under a sell-to-cover method to satisfy tax withholding obligations tied to vested performance-based restricted stock units.

Was the PRCH CFO’s April 2026 stock sale discretionary?

No, the sale was not discretionary. It was required by Porch Group under a sell-to-cover method as the sole way for plan participants to meet tax withholding obligations for performance-based RSU awards that vested on April 7, 2026.

At what price did the Porch Group (PRCH) CFO’s shares sell in April 2026?

The reported sale used a weighted average price of $7.1516 per share. Individual trades occurred in multiple transactions at prices ranging from $6.80 to $7.77 per share, as disclosed in the accompanying transaction footnote.

How many Porch Group (PRCH) shares does CFO Shawn Tabak hold after this sale?

Following the April 9, 2026 transaction, CFO Shawn Tabak directly holds 416,353 shares of Porch Group common stock. This figure reflects his remaining direct ownership after selling 7,734 shares to cover tax withholding obligations on vested PRSU awards.

Why did the Porch Group (PRCH) CFO sell shares between April 7 and May 21, 2026?

Porch Group indicated it intends to settle vested PRSU-related common stock in several transactions over about 45 days, between April 7, 2026 and May 21, 2026. This staged approach is designed to reduce market impact from sell-to-cover tax transactions.

What do the footnotes say about the PRCH CFO’s April 2026 stock sale?

Footnotes explain the sale was issuer-required under a sell-to-cover method for tax withholding on vested PRSUs. They also state the $7.1516 price is a weighted average across multiple trades priced between $6.80 and $7.77 per share.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/10/2026 - 05:54 PM 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^*

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)
04/09/2026

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	04/09/2026		S(1)		7,734	D	$7.1516(2)	416,353	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 $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.

Remarks:

	/s/ Meghan Silver as Attorney-in-fact for Shawn Tabak	04/10/2026
	** 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)