Tabak Shawn 4

What Happened
Shawn Tabak, Chief Financial Officer of Porch Group, sold 25,000 shares of Porch common stock in an open-market transaction on July 2, 2026. The reported weighted-average price was $16.13 per share, generating approximately $403,278 in proceeds. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: July 2, 2026. Form 4 filed July 7, 2026 (see filing for timeliness details).
• Sale type/code: Open-market sale (S).
• Shares sold: 25,000; weighted-average price: $16.13; proceeds ≈ $403,278.
• Execution price range: $16.00–$16.31 per share (sold in multiple trades; breakdown available on request).
• Shares owned after transaction: Not specified in the provided summary—see the Form 4 for post-transaction holdings.
• Footnote (F1): Sale made under a Rule 10b5-1 trading plan adopted Nov 19, 2025; plan covers up to 140,000 shares, was subject to a ≥90‑day delay before trading, and is scheduled to terminate Mar 31, 2027. Proceeds used for tax planning to satisfy the reporting person’s tax obligations.
• Footnote (F2): Reported price is a weighted average; the reporting person can provide the number of shares sold at each separate price in the $16.00–$16.31 range upon request.
• Accession No.: 0001954327-26-000043

Context
Sales executed under pre-established Rule 10b5-1 plans are commonly used by executives for tax or diversification purposes and are pre-scheduled, which can make them less informative about the insider’s current view of the company. This filing reports a routine sale; no options were exercised and no awards or gifts were involved. For full details (post-transaction holdings, exact per-trade prices, and timeliness), review the complete Form 4 on the SEC EDGAR site.