Filing Details

Accession Number:
0001784535-25-000064
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-06-13 17:56:24
Reporting Period:
2025-06-11
Filing Date:
2025-06-13
Accepted Time:
2025-06-13 17:56:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1784535 Porch Group Inc. PRCH () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1716426 R Alan Pickerill 411 First Avenue South
Suite 501
Seattle WA 98104
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-06-11 13,135 $0.00 222,416 No 4 A Direct
Common Stock Disposition 2025-06-12 40,000 $11.26 182,416 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents an annual grant of restricted stock units ("RSUs") for service on the Porch Group, Inc. (the "Company") board of directors under the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Company common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.
  2. Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 13, 2025 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on March 17, 2026, and covers the sale of up to an aggregate of 40,000 shares of the Issuer's common stock primarily to help satisfy tax obligations upon the vesting of shares received for service on the Company's board of directors. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.125 to $11.370 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.