Tabak Shawn 4

4 · Porch Group, Inc. · Filed Apr 23, 2026

AI-generated summary of this filing

Updated Apr 23, 2026

Porch (PRCH) CFO Shawn Tabak Sells 7,730 Shares

What Happened

Shawn Tabak, Chief Financial Officer of Porch Group, sold 7,730 shares of PRCH on 2026-04-21 in an open-market/issuer-directed sale. The weighted average sale price reported was $8.12 per share, for proceeds of approximately $62,734. This transaction was a sale (routine sell-to-cover) to satisfy tax withholding obligations tied to vested performance-based restricted stock units (PRSUs), not an independent discretionary trade.

Key Details

Transaction date: April 21, 2026. Report filed April 23, 2026 (appears timely, within the standard 2-business-day Form 4 window).
Price(s): weighted average $8.12; actual sale prices ranged from $7.92 to $8.48 per share (multiple trades) — reporting person can provide per-trade breakdown on request.
Reason: Issuer-required sell-to-cover to satisfy tax withholding for PRSUs that vested April 7, 2026 (Footnote F1).
Settlement plan: Issuer intends to settle vested PRSU shares in several transactions over ~45 days (Apr 7–May 21, 2026) to reduce market impact (Footnote F1).
Shares owned after transaction: not specified in the provided filing excerpt.
Transaction code: S (sale); footnote indicates tax-withholding mechanics (sell-to-cover), not a discretionary sale by the insider.

Context

This was a routine sell-to-cover connected to PRSU vesting (tax withholding), which issuers commonly do and does not necessarily signal insider sentiment. Purchases generally carry more informational weight for bullish signals than routine withholding sales.

Form 4

Period: 2026-04-21

CHIEF FINANCIAL OFFICER

Transactions

Footnotes (2)

[F1]This sale was required by the Issuer at its election (without any discretion by the Reporting Person) under a sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit ("PRSU") awards that vested on April 7, 2026. As previously disclosed, the Issuer has confirmed its intent to settle vested shares of Common Stock for these PRSU awards in several transactions over approximately 45 days, between April 7, 2026 and May 21, 2026 to reduce market impact.
[F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.92 to $8.48 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Signature

/s/ Meghan Silver as Attorney-in-fact for Shawn Tabak|2026-04-23

1 file