Tabak Shawn 4
4 · Porch Group, Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Porch Group (PRCH) CFO Shawn Tabak Sells 10,454 Shares
What Happened
- Shawn Tabak, Chief Financial Officer of Porch Group, sold 10,454 shares on April 28, 2026, for a total of approximately $84,786. The reported weighted-average sale price was $8.11 per share. This was a sale (routine) to cover tax withholding on performance-based restricted stock units (PRSUs) that vested earlier in April.
Key Details
- Transaction date: April 28, 2026; Form 4 filed April 30, 2026 (timely).
- Reported weighted-average price: $8.11 per share; individual sale prices ranged from $7.69 to $8.45.
- Shares disposed: 10,454 (sale code S). Shares owned after the transaction are not reported in the provided filing.
- Footnote F1: Sale was required by the issuer (no discretion by the reporting person) as the issuer’s selected sell-to-cover method to satisfy tax withholding on PRSUs vested April 7, 2026; issuer intends to settle vested shares across multiple transactions from Apr 7 to May 21, 2026 to reduce market impact.
- Footnote F2: Price shown is weighted average; the reporting person can provide exact per-trade counts/prices on request.
Context
- This was a tax-withholding sell-to-cover tied to vested PRSUs (not an opportunistic open-market sale). Such transactions are routine and do not necessarily signal management sentiment about the company’s stock.
Insider Transaction Report
Form 4
Tabak Shawn
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Common Stock
[F1][F2]2026-04-28$8.11/sh−10,454$84,786→ 364,230 total
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 $7.69 to $8.45 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|2026-04-30