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[144] Porch Group, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 filed for Porch Group, Inc. (PRCH) reports a proposed sale of 25,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $329,000.00, approximate sale date 08/06/2025, and listing on NASDAQ.

The shares were acquired as Restricted Stock Units on 06/08/2023 (25,000). The filing also discloses a prior 10b5-1 sale of 25,000 shares on 06/13/2025 for gross proceeds of $268,777.50. Total shares outstanding are reported as 122,581,095. Several filer/contact and signature/date fields are not provided in the content.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Form 144 shows a planned sale of 25,000 PRCH shares; the size is about 0.02% of outstanding shares, implying limited market impact.

The filing discloses a proposed sale of 25,000 common shares with an aggregate market value of $329,000.00 via Morgan Stanley Smith Barney LLC on 08/06/2025. The securities were acquired as Restricted Stock Units on 06/08/2023. A prior 10b5-1 sale of 25,000 shares on 06/13/2025 generated gross proceeds of $268,777.50. These facts suggest a routine, disclosed insider liquidity event rather than a material corporate development.

TL;DR: Sale is reported under Rule 144 with 10b5-1 activity; filing includes the standard representation about no undisclosed material information.

The Form 144 includes the required representation that the seller does not possess undisclosed material adverse information and references reliance on Rule 10b5-1 for prior sales. The notice lists acquisition details (RSUs dated 06/08/2023) and prior executed 10b5-1 sale (06/13/2025). Several administrative fields (filer CIK/contact, signature/date) are not populated in the provided content.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many Porch Group (PRCH) shares are proposed to be sold?

The Form 144 reports a proposed sale of 25,000 common shares.

When is the approximate date of the proposed sale for PRCH?

The filing lists the approximate sale date as 08/06/2025.

Who is the broker handling the proposed PRCH sale?

The broker is Morgan Stanley Smith Barney LLC, 1 New York Plaza 8th Floor New York NY 10004.

How and when were the shares being sold acquired?

The shares were acquired as Restricted Stock Units on 06/08/2023 (25,000 shares).

Were there any recent sales of PRCH shares by the same person?

Yes. A 10b5-1 sale of 25,000 shares occurred on 06/13/2025 for gross proceeds of $268,777.50.

How many PRCH shares are reported outstanding in the filing?

The filing reports 122,581,095 shares outstanding.
Porch Group Inc

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1.67B
99.21M
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12.79%
Software - Application
Services-prepackaged Software
United States
SEATTLE