Neagle Matthew 4

What Happened Matthew Neagle, Chief Operating Officer of Porch Group (PRCH), reported the disposition of 8,446 shares on April 2, 2026. The shares were sold for a weighted average price of $6.98 per share, generating proceeds of approximately $58,931. The sale was executed to satisfy tax-withholding obligations tied to RSUs that vested on April 1, 2026.

Key Details

• Transaction date: April 2, 2026; filed April 3, 2026 (timely Form 4 filing).
• Transaction type: Sale (code S) performed as a sell-to-cover for tax withholding (issuer-elected; no discretion by the reporting person).
• Price: reported weighted average $6.98; sales occurred at prices between $6.92 and $6.98 (footnote discloses multiple tranches).
• Reason: Tax withholding on RSUs from a May 20, 2022 grant that completed its 48‑month vesting period (fully vested as of April 1, 2026).
• Shares owned after transaction: Not specified in this filing.

Context This was a routine sell-to-cover tied to the settlement of vested restricted stock units, not a discretionary open-market sale by the insider. Such transactions are generally administrative (to meet tax obligations) rather than direct signals about the insider’s view of the stock.