Tabak Shawn bought PRCH
June 25, 2025 · Form 4 insider transaction
Tabak Shawn bought 41,887 shares of Porch Group, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
A grant of restricted stock units ("RSUs") was awarded to the Reporting Person on April 4, 2025, as reported on a Form 4 filed with the Securities and Exchange Commission on April 8, 2025 ("April 2025 RSU Grant"). Due to an inadvertent calculation error, the number of RSUs awarded pursuant to the April 2025 RSU Grant was incorrect. The April 2025 RSU Grant was cancelled without any value received by the Reporting Person, and the June 2025 RSU Grant was issued in lieu thereof ("June 2025 RSU Grant").; Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The vesting schedule of the June 2025 RSU Grant remains consistent with the April 2025 RSU Grant. 25% of the RSUs shall vest on April 4, 2026, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Agreement.