Porch Group, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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Sep 30, 2025 · Filed Nov 6, 2025
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Item 5. Other Information
Matthew Ehrlichman, our Chairman and Chief Executive Officer, entered into a Rule 10b5-1 trading arrangement (as such term is defined in Item 408(a) of Regulation S-K) on August 8, 2025. The 10b5-1 trading arrangement is scheduled to terminate on December 31, 2026, and covers the sale of up to an aggregate of 584,998 shares of the Company’s common stock at a price that exceeded the most recent Nasdaq closing price as of the date of entry and continues to exceed the most recent Nasdaq closing price as of the date of filing this Form 10-Q. Mr. Ehrlichman entered into the 10b5-1 trading arrangement primarily related to tax planning and tax obligations. The 10b5-1 trading arrangement is intended to satisfy the affirmative defense Rule of 10b5-1(c). Trades under the 10b5-1 trading arrangement will not commence until at least 90 days following the date on which such plan was entered.
Sean Kell, a member of our Board of Directors, entered into a 10b5-1 trading arrangement (as such term is defined in Item 408(a) of Regulation S-K) on August 25, 2025. The 10b5-1 trading arrangement covers the sale of up to an aggregate of 20,784 shares of the Company’s common stock to help satisfy tax obligations upon the vesting of shares received for service on the Board of Directors. The 10b5-1 trading arrangement was amended on September 11, 2025, to move the trading commencement date to a later date, which was done solely for personal tax planning purposes. The 10b5-1 trading arrangement is scheduled to terminate on January 3, 2027, and is intended to satisfy the affirmative defense Rule of 10b5-1(c). Trades under the 10b5-1 trading arrangement will not commence until at least 90 days following the date on which such plan was entered.
No other director or officer (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934)adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as each term is defined in Item 408(a) of Regulation S-K) during the quarter ended September 30, 2025.
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