Neagle Matthew 4

What Happened

• Matthew Neagle, Chief Operating Officer of Porch Group, sold a total of 83,599 shares on April 14, 2026. The filing reports a weighted average sale price of $6.84 per share (range $6.61–$7.06), with proceeds of $415,192 from 60,681 shares and $156,810 from 22,918 shares, totaling approximately $572,002. These were sales (not purchases).

Key Details

• Transaction date: 2026-04-14 (filed 2026-04-16; timely filed).
• Shares sold: 60,681 and 22,918 (total 83,599).
• Reported weighted average price: $6.84; reported price range: $6.61–$7.06. The filer will provide a per-price breakdown on request (Footnote F2).
• Total proceeds: ~$572,002.
• Shares owned after transaction: Not disclosed in this Form 4.
• Notable footnotes: Sales were required by the issuer as sell-to-cover tax withholding in connection with PRSU awards that vested April 7, 2026 (Footnotes F1, F3). The issuer plans to settle vested PRSU shares in multiple transactions over ~45 days (Apr 7–May 21) to reduce market impact.

Context

• These sales were made to satisfy tax-withholding obligations on vested performance-based restricted stock units (PRSUs) and were executed at the issuer’s election (no discretion by the reporting person). Such sell-to-cover transactions are routine to cover taxes and do not necessarily indicate the insider’s view on the company’s outlook.