Velasquez Camilla 4

What Happened Camilla Velasquez, a member of Porch Group's board of directors, received a grant of 15,940 restricted stock units (RSUs) on 2026-06-10. The grant is reported at a $0.00 per-share acquisition price (typical for awards); the RSUs represent rights to receive one share of common stock per RSU upon vesting. This was an award under the company's Non-Employee Director Compensation Policy rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-10, 15,940 RSUs, $0.00 per RSU (Grant/Award, code A).
• Vesting: Shares underlying the RSUs vest on the one-year anniversary of the grant (subject to continued board service).
• Resale restrictions: Two-thirds of the vested shares cannot be sold immediately after vesting; those restrictions lapse in equal increments on the first and second anniversaries of the vesting date.
• Shares owned after transaction: Not reported in this Form 4.
• Filing: Form 4 filed 2026-06-12 (timely; within the typical two-business-day reporting window).
• Exhibit: Exhibit 24 – Power of Attorney. (Footnote F1 describes the RSU terms above.)

Context RSU grants to non-employee directors are common as part of routine compensation and represent future company shares contingent on continued service and vesting conditions. This award does not reflect an immediate cash purchase or sale and should be interpreted as compensation rather than a near-term trading signal.