Reierson Amanda L 4
4 · Porch Group, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Porch (PRCH) Director Amanda Reierson Receives RSU Award
What Happened
Amanda L. Reierson, a director of Porch Group, Inc. (PRCH), was granted 15,940 restricted stock units (RSUs) on June 10, 2026. The award was reported as an acquisition at $0.00 per share (total reported value $0) under the company’s Non-Employee Director Compensation Policy. Each RSU represents a right to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely within the 2-business-day window).
- Grant type: Award/Grant (code A) — 15,940 RSUs at $0.00 per share.
- Vesting: RSUs vest on the one-year anniversary of the grant date, contingent on continued board service through that date.
- Resale restrictions: Two-thirds of the vested shares may not be sold immediately after vesting; those resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 describes the annual director RSU grant and the resale restriction schedule. Exhibit 24 (Power of Attorney) was included.
Context
This is a standard non-employee director compensation award (not a market purchase or sale). RSU grants are compensatory and do not involve immediate cash or indicate an outright purchase/sale by the insider; they convert to shares only upon vesting and are partially subject to post-vesting resale limits.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+15,940→ 167,315 total
Footnotes (1)
- [F1]Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Company common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.