Kell Sean Davis 4

What Happened Kell Sean Davis, a member of Porch Group, Inc.'s board of directors, received an award of 15,940 restricted stock units (RSUs) on 2026-06-10. The grant was reported as an acquisition at $0.00 (no cash paid). Each RSU represents the right to one share of Porch common stock upon vesting; the underlying shares vest on the one‑year anniversary of the grant (2027-06-10), subject to continued board service.

Key Details

• Transaction date and price: 2026-06-10, grant reported at $0.00 per RSU.
• Vesting: shares underlying the RSUs vest on the one‑year anniversary of the grant, contingent on continued board membership.
• Resale restrictions: two‑thirds of the vested shares may not be sold immediately after vesting; those restrictions lapse in equal installments on the first and second anniversaries of the vesting date.
• Shares owned after transaction: not specified in the provided filing.
• Filing: Form 4 filed 2026-06-12 (timely within the standard 2‑business‑day window).
• Exhibit: Exhibit 24 — Power of Attorney.

Context This is a routine annual non‑employee director compensation grant under Porch’s director compensation policy. RSU grants are compensation, not an open‑market purchase or sale, and are subject to vesting and resale limits before becoming freely tradable.