Neagle Matthew 4

What Happened

• Matthew Neagle, Chief Operating Officer of Porch Group, received 826,548 shares as the result of performance-based restricted stock units (PRSU) and had related derivative interests converted/exercised (826,554 shares acquired; 826,554 shares shown as disposed). All transactions are reported at $0.00 per share (no cash paid or received on the reported entries). These awards were earned after the Compensation Committee certified performance on March 19, 2026.

Key Details

• Transaction date: March 19, 2026 (Form 4 filed March 20, 2026 — timely filing).
• Reported amounts/prices: Award 826,548 shares @ $0.00; conversion/acquisition 826,554 shares @ $0.00; conversion/disposition 826,554 shares @ $0.00 (derivative).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: The shares were earned under PRSUs granted April 7, 2023; certification of performance occurred March 19, 2026. Earned shares remain subject to a service-based vesting condition through April 7, 2026.
  • Issuer intends to settle vested shares in multiple transactions over ~45 days (April 7–May 21, 2026) to reduce market impact and will use a sell-to-cover method (the issuer will sell shares to satisfy tax withholding without discretion by the reporting person).
  • F2–F4: PRSUs were earned based on achievement of revenue, Adjusted EBITDA, and specified share-price goals; each PRSU represents a contingent right to one share.

Context

• These entries reflect compensation settlement (performance RSUs converting into shares) and related derivative processing, not an open-market purchase or discretionary sale by the insider. The reported $0.00 amounts indicate no exercise price/cash paid in the filing; subsequent sell-to-cover sales (to meet tax withholdings) are expected to occur under the issuer’s planned settlement window and will generate proceeds but are executed by the issuer.