Porch CFO sells 30,000 shares in preset plan
Porch Group, Inc. Chief Financial Officer Shawn Tabak sold 30,000 shares of common stock in an open-market transaction at a weighted average price of $10.084 per share.
Rhea-AI Filing Summary
Porch Group, Inc. Chief Financial Officer Shawn Tabak sold 30,000 shares of common stock in an open-market transaction at a weighted average price of $10.084 per share. After this sale, he directly holds 269,439 shares.
The transaction was executed under a Rule 10b5-1 trading plan entered on November 19, 2025, which permits sales of up to 140,000 shares through March 31, 2027. The company notes the sale was made in connection with tax planning, with proceeds used to satisfy the reporting person’s tax obligations.
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Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
1 txn
Insider
Tabak Shawn
Role
CHIEF FINANCIAL OFFICER
Sold
30,000 shs ($303K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $10.084 | $303K |
Holdings After Transaction:
Common Stock — 269,439 shares (Direct)
Footnotes (2)
- F1. Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on November 19, 2025 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on March 31, 2027, and covers the sale of up to an aggregate of 140,000 shares of the Issuer's common stock. The remaining shares covered by the 10b5-1 plan are at a limit price that exceeds the most recent Nasdaq closing price. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered. This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.
- F2. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.70 to $10.37 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 purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 30,000 shares
Average sale price: $10.084 per share
Post-sale holdings: 269,439 shares
+4 more
7 metrics
Shares sold
30,000 shares
Open-market sale on May 26, 2026
Average sale price
$10.084 per share
Weighted average sale price for transaction
Post-sale holdings
269,439 shares
Common stock directly held after the sale
10b5-1 plan size
140,000 shares
Maximum shares covered by trading plan
10b5-1 plan start date
November 19, 2025
Date trading plan was entered
10b5-1 plan end date
March 31, 2027
Scheduled termination of trading plan
Trade price range
$9.70–$10.37 per share
Range of individual trade prices in the sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax obligations financial
"proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Porch Group (PRCH) report for its CFO?
Porch Group reported that CFO Shawn Tabak sold 30,000 shares of common stock in an open-market transaction at a weighted average price of $10.084 per share. Following the sale, he directly holds 269,439 shares, according to the insider filing.
How large is the Rule 10b5-1 plan for the Porch Group (PRCH) CFO?
The Rule 10b5-1 plan covers sales of up to an aggregate of 140,000 Porch Group common shares. The filing also notes that remaining shares under the plan are at a limit price above the most recent Nasdaq closing price, affecting when additional trades might execute.
AI-generated analysis. How Rhea-AI works. Not financial advice.
