[Form 4] Porch Group, Inc. Insider Trading Activity
Rachel Lam, a director of Porch Group, Inc. (PRCH), sold 25,000 shares of the company's common stock on 08/06/2025 at a weighted average price of $15.2131 per share. After the sale she beneficially owned 177,991 shares. The disposition was reported on a Form 4 and executed under a pre-established Rule 10b5-1 trading plan.
The 10b5-1 plan was entered on March 14, 2025, is scheduled to terminate on March 16, 2026, and authorizes the sale of up to 50,000 shares to help satisfy tax obligations arising from board-service share vesting. Trading under the plan did not commence until at least 90 days after plan entry, and the filing was signed by an attorney-in-fact on behalf of Ms. Lam.
Rachel Lam, direttrice di Porch Group, Inc. (PRCH), ha venduto 25,000 azioni del capitale sociale della societ脿 il 08/06/2025 a un prezzo medio ponderato di $15.2131 per azione. Dopo la vendita deteneva beneficiariamente 177,991 azioni. La cessione 猫 stata segnalata su un Form 4 ed 猫 stata eseguita nell'ambito di un piano di negoziazione preesistente ai sensi della Rule 10b5-1.
Il piano 10b5-1 猫 stato stipulato il 14/03/2025, 猫 previsto che termini il 16/03/2026 e autorizza la vendita di fino a 50,000 azioni per contribuire a soddisfare gli obblighi fiscali derivanti dalla maturazione di azioni legate al servizio in consiglio. Le operazioni previste dal piano non sono iniziate prima di almeno 90 giorni dall'entrata in vigore dello stesso, e la documentazione 猫 stata firmata da un procuratore autorizzato per conto della Sig.ra Lam.
Rachel Lam, directora de Porch Group, Inc. (PRCH), vendi贸 25,000 acciones de la acci贸n com煤n de la compa帽铆a el 08/06/2025 a un precio medio ponderado de $15.2131 por acci贸n. Tras la venta pose铆a de forma beneficiaria 177,991 acciones. La disposici贸n se inform贸 en un Form 4 y se ejecut贸 bajo un plan de negociaci贸n preestablecido conforme a la Rule 10b5-1.
El plan 10b5-1 se estableci贸 el 14/03/2025, est谩 programado para finalizar el 16/03/2026 y autoriza la venta de hasta 50,000 acciones para ayudar a cubrir obligaciones fiscales derivadas del otorgamiento de acciones por servicio en la junta. Las operaciones bajo el plan no comenzaron hasta al menos 90 d铆as despu茅s de su entrada en vigor, y la presentaci贸n fue firmada por un apoderado en nombre de la Sra. Lam.
Rachel Lam鞚� Porch Group, Inc. (PRCH)鞚� 鞚挫偓搿滌劀 08/06/2025鞐� 須岇偓鞚� 氤错喌欤� 25,000欤茧ゼ 欤茧嫻 臧�欷� 韽夑窢 $15.2131鞐� 毵る弰頄堨姷雼堧嫟. 毵る弰 頉� 攴鸽厐電� 鞁れ鞝侅溂搿� 177,991欤茧ゼ 氤挫湢頃橁碃 鞛堨棃鞀惦媹雼�. 頃措嫻 觳橂秳鞚� Form 4鞐� 氤搓碃霅橃棃瓿�, 靷爠鞐� 毵堧牗霅� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞀惦媹雼�.
鞚� 10b5-1 瓿勴殟鞚� 2025/03/14鞐� 觳搓舶霅橃棃瓿� 2026/03/16鞐� 膦呺霅� 鞓堨爼鞚措┌, 鞚挫偓須� 靹滊箘鞀る 鞚疙暅 欤检嫕 氩犾姢韺呾棎靹� 氚滌儩頃橂姅 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 斓滊寑 50,000欤检潣 毵り皝鞚� 項堨毄頃╇媹雼�. 瓿勴殟鞐� 霐半ジ 瓯半灅電� 瓿勴殟 觳搓舶 頉� 斓滌唽 90鞚检澊 瓴疥臣頃� 霑岅箤歆� 鞁滌瀾霅橃 鞎婌晿鞙茧┌, 鞝滌稖 靹滊電� Lam 鞌ゼ 雽�鞁犿暣 甓岉暅鞚� 鞙勳瀯氚涭潃 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Rachel Lam, administratrice de Porch Group, Inc. (PRCH), a vendu 25,000 actions ordinaires de la soci茅t茅 le 08/06/2025 au prix moyen pond茅r茅 de $15.2131 par action. Apr猫s la vente, elle d茅tenait b茅n茅ficiairement 177,991 actions. La cession a 茅t茅 signal茅e sur un Form 4 et ex茅cut茅e dans le cadre d'un plan de n茅gociation pr茅茅tabli en vertu de la Rule 10b5-1.
Le plan 10b5-1 a 茅t茅 conclu le 14/03/2025, doit prendre fin le 16/03/2026 et autorise la vente jusqu'脿 50,000 actions pour aider 脿 r茅gler les obligations fiscales r茅sultant de l'acquisition d'actions li茅e au service au conseil. Les op茅rations dans le cadre du plan n'ont pas commenc茅 avant au moins 90 jours apr猫s l'entr茅e en vigueur du plan, et le d茅p么t a 茅t茅 sign茅 par un mandataire agissant au nom de Mme Lam.
Rachel Lam, Direktorin von Porch Group, Inc. (PRCH), verkaufte am 08/06/2025 25,000 Aktien der Stammaktien des Unternehmens zum gewichteten Durchschnittspreis von $15.2131 je Aktie. Nach dem Verkauf hielt sie wirtschaftlich 177,991 Aktien. Die Ver盲u脽erung wurde in einem Form 4 gemeldet und im Rahmen eines vorab eingerichteten Rule-10b5-1-Handelsplans ausgef眉hrt.
Der 10b5-1-Plan wurde am 14/03/2025 abgeschlossen, soll am 16/03/2026 enden und erlaubt den Verkauf von bis zu 50,000 Aktien, um steuerliche Verpflichtungen aus der Zuteilung von Aktien aufgrund von Vorstandst盲tigkeit zu erf眉llen. Der Handel im Rahmen des Plans begann erst mindestens 90 Tage nach Inkrafttreten des Plans, und die Meldung wurde von einem Bevollm盲chtigten im Namen von Frau Lam unterschrieben.
- Sale executed under a Rule 10b5-1 plan, indicating a pre-established, documented trading arrangement
- Plan includes cooling-off period (trading did not commence until at least 90 days after plan entry)
- Sale explicitly tied to tax obligations arising from shares received for board service
- Plan limits total sales to 50,000 shares and this transaction was 25,000 shares, within that cap
- None.
Insights
TL;DR: Routine, pre-planned director sale under a 10b5-1 plan to satisfy tax obligations; procedural safeguards appear observed.
The transaction is a controlled disposition under a Rule 10b5-1 plan entered March 14, 2025, with a cooling-off period of at least 90 days before execution. The plan caps sales at 50,000 shares and this filing reports the sale of 25,000 shares at a weighted average of $15.2131, leaving the director with 177,991 shares. From a governance perspective, use of a documented 10b5-1 plan demonstrates adherence to an established trading framework and reduces the appearance of opportunistic trading.
TL;DR: Insider sold 25,000 shares (~12.3% of prior holdings) under a planned program; transaction size is modest relative to likely total float.
Based on reported figures, Ms. Lam held 202,991 shares before the sale and 177,991 after, implying the sale represented roughly 12.3% of her pre-sale holdings. The weighted average sale price reported is $15.2131, with individual trade prices ranging $15.01鈥�$15.35. The sale is explicitly tied to tax obligations from vested board compensation and executed under a pre-established plan, which typically reduces informational asymmetry for investors. The filing contains no indication of other material events.
Rachel Lam, direttrice di Porch Group, Inc. (PRCH), ha venduto 25,000 azioni del capitale sociale della societ脿 il 08/06/2025 a un prezzo medio ponderato di $15.2131 per azione. Dopo la vendita deteneva beneficiariamente 177,991 azioni. La cessione 猫 stata segnalata su un Form 4 ed 猫 stata eseguita nell'ambito di un piano di negoziazione preesistente ai sensi della Rule 10b5-1.
Il piano 10b5-1 猫 stato stipulato il 14/03/2025, 猫 previsto che termini il 16/03/2026 e autorizza la vendita di fino a 50,000 azioni per contribuire a soddisfare gli obblighi fiscali derivanti dalla maturazione di azioni legate al servizio in consiglio. Le operazioni previste dal piano non sono iniziate prima di almeno 90 giorni dall'entrata in vigore dello stesso, e la documentazione 猫 stata firmata da un procuratore autorizzato per conto della Sig.ra Lam.
Rachel Lam, directora de Porch Group, Inc. (PRCH), vendi贸 25,000 acciones de la acci贸n com煤n de la compa帽铆a el 08/06/2025 a un precio medio ponderado de $15.2131 por acci贸n. Tras la venta pose铆a de forma beneficiaria 177,991 acciones. La disposici贸n se inform贸 en un Form 4 y se ejecut贸 bajo un plan de negociaci贸n preestablecido conforme a la Rule 10b5-1.
El plan 10b5-1 se estableci贸 el 14/03/2025, est谩 programado para finalizar el 16/03/2026 y autoriza la venta de hasta 50,000 acciones para ayudar a cubrir obligaciones fiscales derivadas del otorgamiento de acciones por servicio en la junta. Las operaciones bajo el plan no comenzaron hasta al menos 90 d铆as despu茅s de su entrada en vigor, y la presentaci贸n fue firmada por un apoderado en nombre de la Sra. Lam.
Rachel Lam鞚� Porch Group, Inc. (PRCH)鞚� 鞚挫偓搿滌劀 08/06/2025鞐� 須岇偓鞚� 氤错喌欤� 25,000欤茧ゼ 欤茧嫻 臧�欷� 韽夑窢 $15.2131鞐� 毵る弰頄堨姷雼堧嫟. 毵る弰 頉� 攴鸽厐電� 鞁れ鞝侅溂搿� 177,991欤茧ゼ 氤挫湢頃橁碃 鞛堨棃鞀惦媹雼�. 頃措嫻 觳橂秳鞚� Form 4鞐� 氤搓碃霅橃棃瓿�, 靷爠鞐� 毵堧牗霅� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞀惦媹雼�.
鞚� 10b5-1 瓿勴殟鞚� 2025/03/14鞐� 觳搓舶霅橃棃瓿� 2026/03/16鞐� 膦呺霅� 鞓堨爼鞚措┌, 鞚挫偓須� 靹滊箘鞀る 鞚疙暅 欤检嫕 氩犾姢韺呾棎靹� 氚滌儩頃橂姅 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 斓滊寑 50,000欤检潣 毵り皝鞚� 項堨毄頃╇媹雼�. 瓿勴殟鞐� 霐半ジ 瓯半灅電� 瓿勴殟 觳搓舶 頉� 斓滌唽 90鞚检澊 瓴疥臣頃� 霑岅箤歆� 鞁滌瀾霅橃 鞎婌晿鞙茧┌, 鞝滌稖 靹滊電� Lam 鞌ゼ 雽�鞁犿暣 甓岉暅鞚� 鞙勳瀯氚涭潃 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Rachel Lam, administratrice de Porch Group, Inc. (PRCH), a vendu 25,000 actions ordinaires de la soci茅t茅 le 08/06/2025 au prix moyen pond茅r茅 de $15.2131 par action. Apr猫s la vente, elle d茅tenait b茅n茅ficiairement 177,991 actions. La cession a 茅t茅 signal茅e sur un Form 4 et ex茅cut茅e dans le cadre d'un plan de n茅gociation pr茅茅tabli en vertu de la Rule 10b5-1.
Le plan 10b5-1 a 茅t茅 conclu le 14/03/2025, doit prendre fin le 16/03/2026 et autorise la vente jusqu'脿 50,000 actions pour aider 脿 r茅gler les obligations fiscales r茅sultant de l'acquisition d'actions li茅e au service au conseil. Les op茅rations dans le cadre du plan n'ont pas commenc茅 avant au moins 90 jours apr猫s l'entr茅e en vigueur du plan, et le d茅p么t a 茅t茅 sign茅 par un mandataire agissant au nom de Mme Lam.
Rachel Lam, Direktorin von Porch Group, Inc. (PRCH), verkaufte am 08/06/2025 25,000 Aktien der Stammaktien des Unternehmens zum gewichteten Durchschnittspreis von $15.2131 je Aktie. Nach dem Verkauf hielt sie wirtschaftlich 177,991 Aktien. Die Ver盲u脽erung wurde in einem Form 4 gemeldet und im Rahmen eines vorab eingerichteten Rule-10b5-1-Handelsplans ausgef眉hrt.
Der 10b5-1-Plan wurde am 14/03/2025 abgeschlossen, soll am 16/03/2026 enden und erlaubt den Verkauf von bis zu 50,000 Aktien, um steuerliche Verpflichtungen aus der Zuteilung von Aktien aufgrund von Vorstandst盲tigkeit zu erf眉llen. Der Handel im Rahmen des Plans begann erst mindestens 90 Tage nach Inkrafttreten des Plans, und die Meldung wurde von einem Bevollm盲chtigten im Namen von Frau Lam unterschrieben.
FAQ
What insider activity did Porch Group (PRCH) report on this Form 4?
At what price were the PRCH shares sold and what was the weighted average?
How many PRCH shares does Rachel Lam own after the reported transaction?
Was the sale part of a pre-arranged trading plan for PRCH insider shares?
Why did the reporting person sell PRCH shares under the 10b5-1 plan?
