Porch Group CEO Matt Ehrlichman sells $9.8M in PRCH stock

Porch Group CEO Matt Ehrlichman divested a substantial portion of his stock holdings, totaling around $9.8 million, through a series of transactions. The sales occurred between November 4 and November 6, 2026, adhering to a pre-established Rule 10b5-1 trading plan. Ehrlichman, who also holds a 10% stake in the company, executed these sales amid the stock's surge to $19.73, nearing its 52-week high of $21.96 following a remarkable year of gains.

As of the filing date, he retains 21.16 million shares, equivalent to approximately 18.5% of the company's outstanding shares. The insider sale occurred as Porch Group reported robust third-quarter 2026 earnings, outperforming Wall Street expectations, which contributed to increased investor optimism and confidence.