Shawn Tabak - Mar 26, 2024 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Matthew Cullen as Attorney-in-fact for Shawn Tabak
Stock symbol: PRCH
Transactions as of: Mar 26, 2024
Transactions value $: -$76,956
Form type: 4
Date filed: 3/28/2024, 05:25 PM
Previous filing: Mar 22, 2024
Next filing: Apr 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Sale	-$77K	-19K	-6.12%	$4.04	292K	Mar 26, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on December 15, 2023 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on April 1, 2025 and covers the sale of up to an aggregate of 247,500 shares of the Issuer's common stock. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.13 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.

Content

Represents a sale pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on December 15, 2023 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on April 1, 2025 and covers the sale of up to an aggregate of 247,500 shares of the Issuer's common stock. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.13 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.