Matt Ehrlichman Reports 21.8% Stake in Porch Group, Inc. Following Significant PRSU Vesting

Matt Ehrlichman, CEO and Chairman of Porch Group, Inc. (PRCH), filed Amendment No. 10 to his Schedule 13D on April 29, 2026. The filing reports that Mr. Ehrlichman beneficially owns 24,997,826 shares of Common Stock, representing 21.8% of the company. This ownership includes 15,838,179 shares held directly, 1,892,203 exercisable options, 850,732 RSUs, and 6,416,712 shares held via West Equities, LLC. Since March 20, 2026, the reporting person engaged in several transactions, primarily involving the vesting of Restricted Stock Units (RSUs) and Performance Restricted Stock Units (PRSUs). Notably, 3,496,948 PRSUs vested on April 7, 2026. To satisfy tax withholding obligations, the Issuer executed mandatory 'sell-to-cover' transactions on Mr. Ehrlichman's behalf between April 2 and April 28, 2026, totaling over 800,000 shares sold at prices ranging from approximately $6.84 to $8.12 per share. Mr. Ehrlichman exercised no discretion over these tax-related sales. The filing also details various performance-based PRSU grants subject to future TSR, EBITDA, and revenue targets through 2028.