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[Form 4] Porch Group, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Porch Group, Inc. (PRCH) � Form 4 insider filing

Chief Financial Officer Shawn Tabak reported the award of 41,887 restricted stock units (RSUs) on 25 June 2025. The RSUs were granted at no cost to the executive and represent one share of common stock per unit upon vesting. This grant replaces an April 2025 RSU award that was cancelled after the company discovered a calculation error; no value was received in connection with the cancellation.

Vesting schedule: 25 % of the RSUs will vest on 4 April 2026. The remaining 75 % will vest in equal 1�6-installments every six months over the subsequent 36 months, contingent on continued employment, mirroring the terms of the cancelled award.

The filing shows Tabak’s post-transaction beneficial ownership at 165,157 shares, held directly. No derivative securities were reported. There is no cash outlay by the insider, and the issuance has a de-minimis dilutive effect given PRCH’s public float. The transaction was not executed under a Rule 10b5-1 plan, and no open-market buying or selling occurred.

For investors, the disclosure is largely administrative: it corrects a prior mis-calculated award and aligns the CFO’s long-term equity incentives with shareholders. No immediate earnings, cash-flow, or strategic implications arise from this filing.

Porch Group, Inc. (PRCH) � Comunicazione interna Form 4

Il Chief Financial Officer Shawn Tabak ha riportato l'assegnazione di 41.887 unità di azioni vincolate (RSU) il 25 giugno 2025. Le RSU sono state concesse senza alcun costo per il dirigente e rappresentano una azione ordinaria per unità al momento della maturazione. Questa assegnazione sostituisce un premio RSU di aprile 2025 annullato dopo che la società ha scoperto un errore di calcolo; non è stato ricevuto alcun valore in relazione alla cancellazione.

Piano di maturazione: il 25% delle RSU maturerà il 4 aprile 2026. Il restante 75% maturerà in rate uguali di 1/6 ogni sei mesi nei 36 mesi successivi, subordinato alla continuità dell'impiego, replicando i termini del premio annullato.

La comunicazione indica una posizione azionaria post-transazione di Tabak pari a 165.157 azioni, detenute direttamente. Non sono stati segnalati strumenti derivati. Non vi è alcun esborso in denaro da parte dell’insider e l’emissione ha un effetto diluitivo trascurabile considerando il flottante di PRCH. La transazione non è stata effettuata nell’ambito di un piano Rule 10b5-1 e non ci sono stati acquisti o vendite sul mercato aperto.

Per gli investitori, la comunicazione è principalmente di natura amministrativa: corregge un premio precedentemente calcolato erroneamente e allinea gli incentivi azionari a lungo termine del CFO con quelli degli azionisti. Non emergono impatti immediati su utili, flussi di cassa o strategie dalla presente comunicazione.

Porch Group, Inc. (PRCH) � Presentación interna Formulario 4

El Director Financiero Shawn Tabak reportó la concesión de 41,887 unidades de acciones restringidas (RSU) el 25 de junio de 2025. Las RSU fueron otorgadas sin costo alguno para el ejecutivo y representan una acción común por unidad al momento de la consolidación. Esta concesión reemplaza una adjudicación de RSU de abril de 2025 que fue cancelada tras descubrir la empresa un error de cálculo; no se recibió valor alguno por la cancelación.

Calendario de consolidación: el 25% de las RSU se consolidará el 4 de abril de 2026. El 75% restante se consolidará en cuotas iguales de 1/6 cada seis meses durante los siguientes 36 meses, condicionado a la continuidad laboral, reflejando los términos del premio cancelado.

La presentación muestra una tenencia beneficiosa post-transacción de Tabak de 165,157 acciones, en propiedad directa. No se reportaron valores derivados. No hubo desembolso de efectivo por parte del insider y la emisión tiene un efecto dilutivo mínimo dada la flotación pública de PRCH. La transacción no se ejecutó bajo un plan Rule 10b5-1 y no hubo compras ni ventas en el mercado abierto.

Para los inversores, la divulgación es principalmente administrativa: corrige un premio previamente mal calculado y alinea los incentivos de capital a largo plazo del CFO con los accionistas. No se derivan impactos inmediatos en ganancias, flujo de caja o estrategia de esta presentación.

Porch Group, Inc. (PRCH) � 내부� 신고� Form 4

최고재무책임�(Chief Financial Officer) Shawn Tabak� 2025� 6� 25일에 41,887개의 제한 주식 단위(RSU)� 수여받았다고 보고했습니다. RSU� 경영진에� 무상으로 부여되었으�, 베스� � 단위� 보통� 1주를 의미합니�. � 수여� 회사가 계산 오류� 발견� � 취소� 2025� 4� RSU 수여� 대체합니다; 취소와 관련하� 어떠� 가치도 받지 않았습니�.

베스� 일정: RSU� 25%� 2026� 4� 4일에 베스팅됩니다. 나머지 75%� 이후 36개월 동안 6개월마다 동일� 1/6� 베스팅되�, 계속 고용 조건� 따릅니다. 이는 취소� 수여� 조건� 동일합니�.

신고서에� Tabak� 거래 � 실질 소유 주식� 165,157�� 직접 보유 중임� 보여줍니�. 파생 증권은 보고되지 않았습니�. 내부자는 현금 지출이 없으�, PRCH� 공개 주식� 대� 희석 효과� 미미합니�. � 거래� Rule 10b5-1 계획� 따라 이루어진 것이 아니�, 공개 시장에서� 매매� 없었습니�.

투자자에� � 공시� 주로 행정� 성격입니�: 이전� 잘못 계산� 보상� 수정하고 CFO� 장기 주식 인센티브� 주주와 일치시킵니다. � 공시� 인한 즉각적인 수익, 현금 흐름 또는 전략� 영향은 없습니다.

Porch Group, Inc. (PRCH) � Déclaration d’initié Formulaire 4

Le Directeur Financier Shawn Tabak a déclaré l’attribution de 41 887 unités d’actions restreintes (RSU) le 25 juin 2025. Les RSU ont été accordées sans frais pour le dirigeant et correspondent à une action ordinaire par unité lors de l’acquisition. Cette attribution remplace une attribution de RSU d’avril 2025 annulée après que la société a détecté une erreur de calcul ; aucune valeur n’a été reçue suite à l’annulation.

Calendrier d’acquisition : 25 % des RSU seront acquises le 4 avril 2026. Les 75 % restants seront acquis par tranches égales de 1/6 tous les six mois sur les 36 mois suivants, sous réserve de la poursuite de l’emploi, conformément aux conditions de l’attribution annulée.

La déclaration indique une possession bénéficiaire post-transaction de Tabak de 165 157 actions, détenues directement. Aucun titre dérivé n’a été déclaré. Aucun paiement en espèces n’a été effectué par l’initié et l’émission a un effet dilutif négligeable compte tenu du flottant de PRCH. La transaction n’a pas été réalisée dans le cadre d’un plan Rule 10b5-1, et aucun achat ou vente sur le marché ouvert n’a eu lieu.

Pour les investisseurs, cette divulgation est principalement administrative : elle corrige une attribution précédemment mal calculée et aligne les incitations en actions à long terme du CFO avec celles des actionnaires. Aucun impact immédiat sur les bénéfices, les flux de trésorerie ou la stratégie ne découle de cette déclaration.

Porch Group, Inc. (PRCH) � Insider-Meldung Form 4

Chief Financial Officer Shawn Tabak meldete die Zuteilung von 41.887 Restricted Stock Units (RSUs) am 25. Juni 2025. Die RSUs wurden dem Manager kostenfrei gewährt und entsprechen jeweils einer Stammaktie bei Vesting. Diese Zuteilung ersetzt eine im April 2025 gewährte RSU, die nach Entdeckung eines Berechnungsfehlers storniert wurde; es wurde kein Wert im Zusammenhang mit der Stornierung erhalten.

Vesting-Zeitplan: 25 % der RSUs werden am 4. April 2026 vesten. Die restlichen 75 % vesten in gleichen 1/6-Raten alle sechs Monate über die folgenden 36 Monate, vorbehaltlich fortgesetzter Beschäftigung, entsprechend den Bedingungen der stornierten Zuteilung.

Die Meldung zeigt Tabaks wirtschaftliches Eigentum nach der Transaktion von 165.157 Aktien, direkt gehalten. Es wurden keine Derivate gemeldet. Es erfolgte kein Barausgleich durch den Insider, und die Ausgabe hat aufgrund des Streubesitzes von PRCH eine vernachlässigbare Verwässerungswirkung. Die Transaktion erfolgte nicht im Rahmen eines Rule 10b5-1-Plans, und es gab keinen Handel am offenen Markt.

Für Investoren ist die Offenlegung hauptsächlich administrativer Natur: Sie korrigiert eine zuvor fehlerhaft berechnete Zuteilung und bringt die langfristigen Aktienanreize des CFO mit denen der Aktionäre in Einklang. Es ergeben sich keine unmittelbaren Auswirkungen auf Gewinn, Cashflow oder Strategie durch diese Meldung.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU correction; negligible dilution, no trading signal or financial impact.

The Form 4 documents an equity-compensation housekeeping item. Replacing the April grant with 41,887 RSUs keeps the CFO’s incentive package intact without altering cash flows or guidance. Share count impact is immaterial versus PRCH’s float, so valuation models remain unchanged. Because no shares were sold or purchased on the open market, it offers no insight into management’s view of intrinsic value. Overall, the filing is neutral from a market-moving perspective.

TL;DR: Corrective disclosure reflects sound governance; impact to investors minimal.

The company promptly corrected an RSU miscalculation, cancelled the erroneous award, and re-issued the proper amount—demonstrating internal controls and transparency. The unchanged vesting schedule preserves alignment of executive incentives with shareholder interests. There are no red flags regarding self-dealing or excessive compensation. From a governance standpoint, the response is appropriate, but it does not alter the investment thesis.

Porch Group, Inc. (PRCH) � Comunicazione interna Form 4

Il Chief Financial Officer Shawn Tabak ha riportato l'assegnazione di 41.887 unità di azioni vincolate (RSU) il 25 giugno 2025. Le RSU sono state concesse senza alcun costo per il dirigente e rappresentano una azione ordinaria per unità al momento della maturazione. Questa assegnazione sostituisce un premio RSU di aprile 2025 annullato dopo che la società ha scoperto un errore di calcolo; non è stato ricevuto alcun valore in relazione alla cancellazione.

Piano di maturazione: il 25% delle RSU maturerà il 4 aprile 2026. Il restante 75% maturerà in rate uguali di 1/6 ogni sei mesi nei 36 mesi successivi, subordinato alla continuità dell'impiego, replicando i termini del premio annullato.

La comunicazione indica una posizione azionaria post-transazione di Tabak pari a 165.157 azioni, detenute direttamente. Non sono stati segnalati strumenti derivati. Non vi è alcun esborso in denaro da parte dell’insider e l’emissione ha un effetto diluitivo trascurabile considerando il flottante di PRCH. La transazione non è stata effettuata nell’ambito di un piano Rule 10b5-1 e non ci sono stati acquisti o vendite sul mercato aperto.

Per gli investitori, la comunicazione è principalmente di natura amministrativa: corregge un premio precedentemente calcolato erroneamente e allinea gli incentivi azionari a lungo termine del CFO con quelli degli azionisti. Non emergono impatti immediati su utili, flussi di cassa o strategie dalla presente comunicazione.

Porch Group, Inc. (PRCH) � Presentación interna Formulario 4

El Director Financiero Shawn Tabak reportó la concesión de 41,887 unidades de acciones restringidas (RSU) el 25 de junio de 2025. Las RSU fueron otorgadas sin costo alguno para el ejecutivo y representan una acción común por unidad al momento de la consolidación. Esta concesión reemplaza una adjudicación de RSU de abril de 2025 que fue cancelada tras descubrir la empresa un error de cálculo; no se recibió valor alguno por la cancelación.

Calendario de consolidación: el 25% de las RSU se consolidará el 4 de abril de 2026. El 75% restante se consolidará en cuotas iguales de 1/6 cada seis meses durante los siguientes 36 meses, condicionado a la continuidad laboral, reflejando los términos del premio cancelado.

La presentación muestra una tenencia beneficiosa post-transacción de Tabak de 165,157 acciones, en propiedad directa. No se reportaron valores derivados. No hubo desembolso de efectivo por parte del insider y la emisión tiene un efecto dilutivo mínimo dada la flotación pública de PRCH. La transacción no se ejecutó bajo un plan Rule 10b5-1 y no hubo compras ni ventas en el mercado abierto.

Para los inversores, la divulgación es principalmente administrativa: corrige un premio previamente mal calculado y alinea los incentivos de capital a largo plazo del CFO con los accionistas. No se derivan impactos inmediatos en ganancias, flujo de caja o estrategia de esta presentación.

Porch Group, Inc. (PRCH) � 내부� 신고� Form 4

최고재무책임�(Chief Financial Officer) Shawn Tabak� 2025� 6� 25일에 41,887개의 제한 주식 단위(RSU)� 수여받았다고 보고했습니다. RSU� 경영진에� 무상으로 부여되었으�, 베스� � 단위� 보통� 1주를 의미합니�. � 수여� 회사가 계산 오류� 발견� � 취소� 2025� 4� RSU 수여� 대체합니다; 취소와 관련하� 어떠� 가치도 받지 않았습니�.

베스� 일정: RSU� 25%� 2026� 4� 4일에 베스팅됩니다. 나머지 75%� 이후 36개월 동안 6개월마다 동일� 1/6� 베스팅되�, 계속 고용 조건� 따릅니다. 이는 취소� 수여� 조건� 동일합니�.

신고서에� Tabak� 거래 � 실질 소유 주식� 165,157�� 직접 보유 중임� 보여줍니�. 파생 증권은 보고되지 않았습니�. 내부자는 현금 지출이 없으�, PRCH� 공개 주식� 대� 희석 효과� 미미합니�. � 거래� Rule 10b5-1 계획� 따라 이루어진 것이 아니�, 공개 시장에서� 매매� 없었습니�.

투자자에� � 공시� 주로 행정� 성격입니�: 이전� 잘못 계산� 보상� 수정하고 CFO� 장기 주식 인센티브� 주주와 일치시킵니다. � 공시� 인한 즉각적인 수익, 현금 흐름 또는 전략� 영향은 없습니다.

Porch Group, Inc. (PRCH) � Déclaration d’initié Formulaire 4

Le Directeur Financier Shawn Tabak a déclaré l’attribution de 41 887 unités d’actions restreintes (RSU) le 25 juin 2025. Les RSU ont été accordées sans frais pour le dirigeant et correspondent à une action ordinaire par unité lors de l’acquisition. Cette attribution remplace une attribution de RSU d’avril 2025 annulée après que la société a détecté une erreur de calcul ; aucune valeur n’a été reçue suite à l’annulation.

Calendrier d’acquisition : 25 % des RSU seront acquises le 4 avril 2026. Les 75 % restants seront acquis par tranches égales de 1/6 tous les six mois sur les 36 mois suivants, sous réserve de la poursuite de l’emploi, conformément aux conditions de l’attribution annulée.

La déclaration indique une possession bénéficiaire post-transaction de Tabak de 165 157 actions, détenues directement. Aucun titre dérivé n’a été déclaré. Aucun paiement en espèces n’a été effectué par l’initié et l’émission a un effet dilutif négligeable compte tenu du flottant de PRCH. La transaction n’a pas été réalisée dans le cadre d’un plan Rule 10b5-1, et aucun achat ou vente sur le marché ouvert n’a eu lieu.

Pour les investisseurs, cette divulgation est principalement administrative : elle corrige une attribution précédemment mal calculée et aligne les incitations en actions à long terme du CFO avec celles des actionnaires. Aucun impact immédiat sur les bénéfices, les flux de trésorerie ou la stratégie ne découle de cette déclaration.

Porch Group, Inc. (PRCH) � Insider-Meldung Form 4

Chief Financial Officer Shawn Tabak meldete die Zuteilung von 41.887 Restricted Stock Units (RSUs) am 25. Juni 2025. Die RSUs wurden dem Manager kostenfrei gewährt und entsprechen jeweils einer Stammaktie bei Vesting. Diese Zuteilung ersetzt eine im April 2025 gewährte RSU, die nach Entdeckung eines Berechnungsfehlers storniert wurde; es wurde kein Wert im Zusammenhang mit der Stornierung erhalten.

Vesting-Zeitplan: 25 % der RSUs werden am 4. April 2026 vesten. Die restlichen 75 % vesten in gleichen 1/6-Raten alle sechs Monate über die folgenden 36 Monate, vorbehaltlich fortgesetzter Beschäftigung, entsprechend den Bedingungen der stornierten Zuteilung.

Die Meldung zeigt Tabaks wirtschaftliches Eigentum nach der Transaktion von 165.157 Aktien, direkt gehalten. Es wurden keine Derivate gemeldet. Es erfolgte kein Barausgleich durch den Insider, und die Ausgabe hat aufgrund des Streubesitzes von PRCH eine vernachlässigbare Verwässerungswirkung. Die Transaktion erfolgte nicht im Rahmen eines Rule 10b5-1-Plans, und es gab keinen Handel am offenen Markt.

Für Investoren ist die Offenlegung hauptsächlich administrativer Natur: Sie korrigiert eine zuvor fehlerhaft berechnete Zuteilung und bringt die langfristigen Aktienanreize des CFO mit denen der Aktionäre in Einklang. Es ergeben sich keine unmittelbaren Auswirkungen auf Gewinn, Cashflow oder Strategie durch diese Meldung.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tabak Shawn

(Last) (First) (Middle)
411 FIRST AVENUE SOUTH
SUITE 501

(Street)
SEATTLE WA 98104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Porch Group, Inc. [ PRCH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 06/25/2025 A 41,887(2) A $0 165,157 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. A grant of restricted stock units ("RSUs") was awarded to the Reporting Person on April 4, 2025, as reported on a Form 4 filed with the Securities and Exchange Commission on April 8, 2025 ("April 2025 RSU Grant"). Due to an inadvertent calculation error, the number of RSUs awarded pursuant to the April 2025 RSU Grant was incorrect. The April 2025 RSU Grant was cancelled without any value received by the Reporting Person, and the June 2025 RSU Grant was issued in lieu thereof ("June 2025 RSU Grant").
2. Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The vesting schedule of the June 2025 RSU Grant remains consistent with the April 2025 RSU Grant. 25% of the RSUs shall vest on April 4, 2026, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Agreement.
Remarks:
/s/ Matthew Cullen as Attorney-in-fact for Shawn Tabak 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many PRCH shares were granted to CFO Shawn Tabak on 25 June 2025?

41,887 restricted stock units were granted, each convertible into one common share upon vesting.

Why was a new RSU grant issued to PRCH's CFO?

The April 2025 RSU grant contained a calculation error; it was cancelled and replaced by the June 2025 grant.

What is the vesting schedule for the June 2025 RSU grant at Porch Group?

25 % vests on 4 Apr 2026; the remaining units vest in six equal semi-annual tranches over the next 36 months.

Did the CFO pay anything for the 41,887 RSUs?

No. The RSUs were issued at $0 cost as part of his equity compensation package.

Does the Form 4 indicate any open-market buying or selling of PRCH shares?

No. The filing only reports an equity grant; no purchases or sales were executed.
Porch Group Inc

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1.27B
81.36M
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Software - Application
Services-prepackaged Software
United States
SEATTLE