Ehrlichman Matt 4

4 · Porch Group, Inc. · Filed May 12, 2026

AI-generated summary of this filing

Updated May 12, 2026

Porch Group (PRCH) 10% Owner Matt Ehrlichman Sells 116,303 Shares

What Happened

Matt Ehrlichman, reported as a 10% owner of Porch Group (PRCH), disposed of 116,303 shares on May 8, 2026. The reported weighted-average sale price was $11.12 per share, for total proceeds of approximately $1,292,824.
The sale was a required sell-to-cover to satisfy tax withholding related to performance-based restricted stock units (PRSUs) that vested April 7, 2026; the issuer directed this method and the reporting person had no discretion in the sale.

Key Details

Transaction date: May 8, 2026. Weighted-average price: $11.12; price range across multiple trades: $10.88–$11.34. Total proceeds: ~$1,292,824. (F2)
Reason: Required by issuer to satisfy tax withholding on vested PRSUs; issuer plans to settle vested shares in several transactions over ~45 days (April 7–May 21) to reduce market impact. (F1)
Shares owned after the transaction: not specified in the filing.
Additional note: Filing shows issuer common stock held by West Equities, LLC, over which Ehrlichman has sole voting and dispositive power. (F3)
Filing date: May 12, 2026, reporting the May 8 transaction (no late-filing flag is indicated in the filing itself).

Context

This was a sale to cover tax withholding on vested equity (a routine administrative transaction), not a discretionary open-market sale that necessarily signals a change in insider view.
As a 10% owner, Ehrlichman is a significant shareholder; such filings can reflect institutional/ownership-level transactions rather than typical executive trading.

Form 4

Period: 2026-05-08

DirectorCEO, CHAIRMAN AND FOUNDER10% Owner

Transactions

Sale
Common Stock
[F1][F2]
2026-05-08$11.12/sh−116,303$1,292,824→ 16,331,134 total

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 $10.88 to $11.34 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|2026-05-11

1 file