Neagle Matthew 4

4 · Porch Group, Inc. · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Porch COO Matthew Neagle Receives Award, Exercises PRSUs

What Happened

Matthew Neagle, Chief Operating Officer of Porch Group, received 826,548 shares as the result of performance-based restricted stock units (PRSU) and had related derivative interests converted/exercised (826,554 shares acquired; 826,554 shares shown as disposed). All transactions are reported at $0.00 per share (no cash paid or received on the reported entries). These awards were earned after the Compensation Committee certified performance on March 19, 2026.

Key Details

Transaction date: March 19, 2026 (Form 4 filed March 20, 2026 — timely filing).
Reported amounts/prices: Award 826,548 shares @ $0.00; conversion/acquisition 826,554 shares @ $0.00; conversion/disposition 826,554 shares @ $0.00 (derivative).
Shares owned after transaction: Not specified in the filing.
Notable footnotes:
- F1: The shares were earned under PRSUs granted April 7, 2023; certification of performance occurred March 19, 2026. Earned shares remain subject to a service-based vesting condition through April 7, 2026.
- Issuer intends to settle vested shares in multiple transactions over ~45 days (April 7–May 21, 2026) to reduce market impact and will use a sell-to-cover method (the issuer will sell shares to satisfy tax withholding without discretion by the reporting person).
- F2–F4: PRSUs were earned based on achievement of revenue, Adjusted EBITDA, and specified share-price goals; each PRSU represents a contingent right to one share.

Context

These entries reflect compensation settlement (performance RSUs converting into shares) and related derivative processing, not an open-market purchase or discretionary sale by the insider. The reported $0.00 amounts indicate no exercise price/cash paid in the filing; subsequent sell-to-cover sales (to meet tax withholdings) are expected to occur under the issuer’s planned settlement window and will generate proceeds but are executed by the issuer.

Form 4

Period: 2026-03-19

Chief Operating Officer

Transactions

Award
Common Stock
[F1][F2][F3]
2026-03-19+826,548→ 1,808,178 total
Exercise/Conversion
Common Stock
[F1][F4][F3]
2026-03-19+826,554→ 2,634,732 total
Exercise/Conversion
Performance-based Restricted Stock Units
[F3][F1][F4]
2026-03-19−826,554→ 0 total
→ Common Stock (826,554 underlying)

Footnotes (4)

[F1]Represents shares of the Issuer's Common Stock earned under a performance-based restricted stock unit ("PRSU") award granted on April 7, 2023, following the Compensation Committee's certification of performance achievement on March 19, 2026. The PRSU award was subject to three distinct performance goals of share price, revenue, and Adjusted EBITDA. The earned shares remain subject to a service-based vesting condition through April 7, 2026. The Issuer has confirmed its intent to settle vested shares of Common Stock in numerous transactions over approximately 45 days, between April 7, 2026 and May 21, 2026, to reduce market impact. In addition, the Issuer has adopted a sell-to-cover method (shares will be sold by the Issuer at its election, and without any discretion by the Reporting Person) as the sole means for plan participants to satisfy tax withholding obligations upon the vesting and settlement of awards.
[F2]Represents PRSUs earned due to the achievement of revenue and Adjusted EBITDA goals.
[F3]Each PRSU represented a contingent right to receive, upon achievement of the applicable performance metric and subject to vesting, one share of the Issuer's Common Stock.
[F4]Represents PRSUs earned due to the achievement of specified share price goals. The original award was reported at target achievement, while the amount reported herein reflects actual achievement.

Signature

/s/Meghan Silver as Attorney-in-fact for Matthew Neagle|2026-03-20

2 files