STOCK TITAN

Porch Group (PRCH) director receives 15,940 RSUs in annual equity grant

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

Rhea-AI Filing Summary

Pickerill Alan R reported acquisition or exercise transactions in this Form 4 filing.

Porch Group, Inc. director Alan R. Pickerill received an equity grant in the form of restricted stock units for his service on the company’s board. He was awarded 15,940 RSUs, with no cash paid per unit, each representing one share of common stock when vested.

The RSUs vest on the one-year anniversary of the grant date, as long as he remains a board member through that date. After vesting, two-thirds of the shares are subject to resale restrictions that lapse in equal parts on the first and second anniversaries of the vesting date. Following this grant, Pickerill holds 198,356 common shares directly.

Positive

  • None.

Negative

  • None.
Insider Pickerill Alan R
Role null
Type Security Shares Price Value
Grant/Award Common Stock 15,940 $0.00 --
Holdings After Transaction: Common Stock — 198,356 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 15,940 units Annual restricted stock unit grant for board service
Grant price $0.0000 per share Compensation grant, not open-market purchase
Shares after transaction 198,356 shares Total Porch Group common stock held directly after grant
Resale restriction portion Two-thirds of vested shares Subject to resale restrictions after Annual Grant Vesting Date
Vesting schedule One-year from grant date RSUs vest on one-year anniversary of grant date
restricted stock units ("RSUs") financial
"Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. board of directors"
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
"for service on the Porch Group, Inc. board of directors under the Company's Non-Employee Director Compensation Policy"
Annual Grant Vesting Date financial
"The shares underlying the RSUs 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 of the vested shares may not be sold"
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.
board of directors financial
"annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Pickerill Alan R

(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$0198,356D
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 Alan Pickerill06/12/2026
** 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 Alan R. Pickerill receive in this Form 4?

Alan R. Pickerill received an annual grant of 15,940 restricted stock units for his service on Porch Group’s board. Each RSU converts into one common share upon vesting, providing additional equity-based compensation instead of cash.

How do the 15,940 RSUs granted to Porch Group (PRCH) director vest?

The 15,940 RSUs vest on the one-year anniversary of the grant date, provided Alan R. Pickerill continues serving on the Porch Group board. Once vested, the RSUs convert into an equal number of common shares of Porch Group.

Are there resale restrictions on the Porch Group (PRCH) RSUs granted to the director?

Yes. After vesting, two-thirds of the vested shares cannot be sold immediately. These resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date, spreading the director’s ability to sell over time.

How many Porch Group (PRCH) shares does Alan R. Pickerill hold after this transaction?

Following the RSU grant, Alan R. Pickerill directly holds 198,356 shares of Porch Group common stock. This total includes the effect of the newly awarded restricted stock units reported in the Form 4 filing.

Was the Porch Group (PRCH) RSU grant to the director an open-market purchase?

No. The 15,940 RSUs represent a compensation grant, not an open-market share purchase. The transaction code is “A,” indicating a grant or award, and the price per share is listed as zero in the filing.