Tabak Shawn 4

What Happened Shawn Tabak, Chief Financial Officer of Porch Group, sold 30,000 shares of the company's common stock on May 26, 2026, for a weighted average price of $10.08, generating gross proceeds of approximately $302,520. The sale was effected under a pre-established Rule 10b5-1 trading plan and was described in the filing as being done in connection with tax planning (proceeds used to satisfy tax obligations). The Form 4 was filed with the SEC on May 28, 2026.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (no late filing indicated).
• Shares sold: 30,000; weighted average price reported: $10.08; total proceeds ≈ $302,520.
• Price range: the shares were sold in multiple trades at prices between $9.70 and $10.37 (per footnote); the reported $10.08 is the weighted average.
• Method: Sale under a Rule 10b5-1 trading plan entered Nov 19, 2025; plan covers up to 140,000 shares and is scheduled to terminate Mar 31, 2027.
• Purpose: The filing states the sale was for tax planning and proceeds are being used to satisfy the reporting person’s tax obligations.
• Shares owned after transaction: not specified in this Form 4.
• Additional note: the reporting person will provide, on request, the breakdown of shares sold at each price within the stated range.

Context Sales under 10b5-1 plans are common for executives to meet scheduled liquidity or tax needs and generally don't by themselves signal a change in company outlook. For retail investors, purchases are often more informative about insider confidence; this filing documents a routine, pre-planned sale for tax purposes rather than an ad hoc disposition.