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Porch Group CFO Sells 30,000 Shares
7 Jun
Summary
- CFO Shawn Tabak sold 30,000 Porch Group shares on May 26, 2026.
- The sale occurred under a pre-planned Rule 10b5-1 trading plan.
- Tabak still holds over 269,000 shares worth approximately $2.75 million.
On May 26, 2026, Shawn Tabak, Chief Financial Officer of Porch Group (NASDAQ:PRCH), sold 30,000 shares of company stock. The transaction, conducted through an open-market sale, was executed under a Rule 10b5-1 trading plan established on November 19, 2025. This plan was designed to facilitate routine liquidity and tax management for Tabak.
The weighted average sale price for these shares was approximately $10.08. This price was slightly below the closing price on the transaction date and notably below the closing price from June 1, 2026. Following this disposition, Tabak continues to hold 269,439 shares of Porch Group stock directly, with an approximate post-transaction value of $2.75 million.
Porch Group is a technology platform providing software and insurance solutions to the home services industry. Its business model spans software and services for providers, and insurance products for property-related policies and home warranties, serving customers across the United States and Canada.
