Neagle Matthew 4

What Happened

• Matthew Neagle, Chief Operating Officer of Porch Group, sold 62,801 shares on April 21, 2026, for a total of approximately $509,668. The reported weighted-average price was $8.12 per share; individual sale prices ranged from $7.92 to $8.48 across multiple transactions. This was a sale (not a purchase) executed as a sell-to-cover to satisfy tax withholding obligations tied to vested performance-based restricted stock units (PRSUs).

Key Details

• Transaction date: April 21, 2026; Form filed April 23, 2026 (within the typical 2-business-day Form 4 window).
• Shares sold: 62,801; weighted-average price: $8.12; total proceeds: ~$509,668.
• Price range: $7.92 to $8.48 per share; shares were sold in multiple trades (report lists a weighted average and offers to provide per-trade breakdown on request).
• Reason: Required by the issuer as a sell-to-cover for tax withholding on PRSUs that vested April 7, 2026 (issuer plans to settle vested shares across multiple transactions between April 7 and May 21, 2026 to reduce market impact).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

• This was an administrative sell-to-cover tax-withholding sale related to PRSU vesting, which is generally routine and not necessarily a signal of management’s view on the stock. The filing includes a footnote offering to provide detailed per-price sale information upon request.