Ehrlichman Matt 4

What Happened

• Matt Ehrlichman, a reported 10% owner of Porch Group, sold 121,293 shares on April 9, 2026, generating approximately $867,439. The weighted-average price reported was $7.15 per share (individual sale prices ranged $6.80–$7.77). This was a sale (not a buy) executed as a sell-to-cover to satisfy tax withholding obligations for PRSU awards that vested April 7, 2026.

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 10, 2026 (timely).
• Reported price: weighted average $7.15; individual trade prices ranged $6.80–$7.77. Reporting person can provide per-trade breakdown on request.
• Total disposed: 121,293 shares for ~$867,439.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (F1) Sale was required by the issuer (no discretion) as the sole sell-to-cover method for taxes on vested PRSUs; issuer plans to settle vested shares over ~45 days (Apr 7–May 21, 2026) to reduce market impact. (F2) Price is weighted average with per-trade range disclosed. (F3) Shares are issuer common stock held by West Equities, LLC, over which Ehrlichman has sole voting and dispositive power.
• Transaction code: S = Sale. This was not reported late.

Context

• This sale was performed solely to cover tax withholding on performance-based restricted stock units that vested; such sell-to-cover transactions are routine and do not necessarily indicate insider sentiment about the company’s prospects. As a 10% owner (a substantial holder), Ehrlichman’s filings reflect ownership/control rather than executive trading signals.