Ehrlichman Matt 4

4 · Porch Group, Inc. · Filed Apr 21, 2026

AI-generated summary of this filing

Updated Apr 21, 2026

Porch Group (PRCH) 10% Owner Matt Ehrlichman Sells Shares

What Happened

Matt Ehrlichman, a reported 10% owner of Porch Group, sold 113,862 shares on April 17, 2026 in a sale totaling approximately $896,344. The reported weighted-average price was $7.87 per share. This was a sale (routine disposition) required by the issuer to satisfy tax withholding obligations tied to vested performance-based RSU awards.

Key Details

Transaction date: 2026-04-17; Form 4 filed: 2026-04-21 (filed four days after the transaction).
Shares sold: 113,862; reported weighted-average price: $7.87; total proceeds ≈ $896,344.
Price range: shares were sold in multiple trades between $7.56 and $8.25 (reporting person can provide breakdown on request).
Reason: Issuer-required sell-to-cover to satisfy tax withholding on PRSU awards that vested April 7, 2026; issuer plans to settle vested PRSUs in several transactions over ~45 days to reduce market impact (April 7–May 21, 2026).
Shares owned after transaction: not specified in this filing. Footnote notes common stock held by West Equities, LLC over which Ehrlichman has sole voting and dispositive power.
Filing timeliness: filed four days after the trade; this may be later than the standard two-business-day Form 4 deadline.

Context

This was a company-directed sell-to-cover for tax purposes related to vested PRSUs, not an open-market discretionary sale by the insider — such transactions are generally considered routine and do not necessarily signal the insider’s view of the stock. As a 10% owner, Ehrlichman’s holdings are reported due to ownership/control status rather than an executive trading signal.

Form 4

Period: 2026-04-17

DirectorCEO, CHAIRMAN AND FOUNDER10% Owner

Transactions

Holdings

Footnotes (3)

[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.
[F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.56 to $8.25 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.
[F3]Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.

Signature

/s/Meghan Silver as Attorney-in-fact for Matthew Ehrlichman|2026-04-21

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