Tabak Shawn 4

What Happened
Shawn Tabak, Chief Financial Officer of Porch Group, sold 7,734 shares on April 9, 2026 for total proceeds of $55,310. The filing reports a weighted-average price of $7.15 per share (sales occurred at prices between $6.80 and $7.77). This sale was a sell-to-cover to satisfy tax withholding on performance-based restricted stock units (PRSUs) that vested April 7, 2026 and was required by the issuer (no discretion by the reporting person).

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 10, 2026 (timely filing).
• Transaction type: Sale (sell-to-cover for tax withholding) — Code S.
• Shares sold: 7,734; weighted-average price reported: $7.15; reported price range: $6.80–$7.77.
• Proceeds: $55,310 (aggregate).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 — sale was required by the issuer to satisfy tax withholding for PRSUs vested 4/7/2026; issuer plans to settle vested shares in several transactions over ~45 days (Apr 7–May 21, 2026) to reduce market impact. F2 — weighted average reported; reporting person can provide a breakdown of shares sold at each price on request.

Context: This was a routine tax-withholding sale tied to vested equity, not an open-market discretionary sale indicating a change in insider sentiment. The issuer's planned staggered settlement is intended to limit market impact.