Transaction details
Porch Group Inc. reported that its Chief Financial Officer, Shawn Tabak, sold 17,697 shares of common stock on April 14, 2026. The aggregate proceeds from these transactions were approximately $121,086, with a weighted average sale price of $6.8422 per share. Individual sales occurred within a price band of $6.61 to $7.06.
Reason for the sales
The filing with the Securities and Exchange Commission shows the sales were executed to satisfy tax obligations. Specifically, 7,470 shares were sold to cover taxes associated with the vesting of performance-based restricted stock units. A further 10,227 shares were sold to meet tax obligations tied to the settlement of common stock issued for exceeding target performance under the company’s 2025 annual bonus program.
Porch Group elected the sell-to-cover method to effect these transactions. The filing makes clear the sales were required by the company at its election and carried out without discretion by Tabak.
Post-transaction holdings
Following the sell-to-cover transactions, Tabak directly owns 398,656 shares of Porch Group, Inc.
Share-price context and third-party analysis
The company’s share price has shown notable movement recently. Over the last six months the stock has fallen by nearly 49 percent, while the current quoted price of $7.71 represents a modest uptick from the weighted sale price of $6.84 reported for the April 14 trades.
According to InvestingPro analysis cited in the filing, PRCH is assessed as trading below its Fair Value and appears on that platform’s Most Undervalued list. The filing also notes a reported beta of 3.07, indicating material price volatility. The filing references that PRCH is among more than 1,400 U.S. equities covered by comprehensive Pro Research Reports.
Recent financial results
Porch Group’s fourth-quarter 2025 results, included in the company’s public materials, showed earnings per share of -$0.03, which surpassed the consensus expectation of -$0.07. Revenue for the quarter was $124.3 million, exceeding a forecasted $108.23 million. The company characterized these figures as positive developments and noted these outcomes have attracted attention from investors and analysts.
The information above is drawn from the company’s SEC filing and the company-reported quarterly results included in its public disclosures.