Neagle Matthew 4

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

AI-generated summary of this filing

Updated Apr 21, 2026

Porch Group (PRCH) COO Matthew Neagle Sells 58,978 Shares

What Happened

Matthew Neagle, Chief Operating Officer of Porch Group (PRCH), disposed of 58,978 shares on April 17, 2026. The reported weighted-average price was $7.87 per share, for a total value of approximately $464,287. This was a sale (S) required by the issuer to satisfy tax withholding on performance-based restricted stock units (PRSUs) that vested April 7, 2026.

Key Details

Transaction date: April 17, 2026; filing date: April 21, 2026 (filed within the usual 2-business-day window).
Reported price: weighted average $7.87; actual sale prices ranged from $7.56 to $8.25 per share (footnote F2).
Reason: issuer-mandated sell-to-cover to satisfy tax withholding on vested PRSUs (footnote F1). The issuer intends to settle vested PRSU shares in multiple transactions over ~45 days (Apr 7–May 21, 2026) to reduce market impact.
Shares owned after transaction: not disclosed in the provided filing excerpt.
Reporting details: the filer offers to provide a breakdown of the number of shares sold at each price on request (per footnote F2).

Context

This was a required sell-to-cover transaction tied to PRSU vesting and tax obligations, not a discretionary open-market sale by the insider. Such tax-withholding sales are common after equity awards and don't necessarily signal the insider’s view of the company’s prospects.

Form 4

Period: 2026-04-17

Chief Operating Officer

Transactions

Footnotes (2)

[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.

Signature

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

1 file