# EDGAR Filing Document

**Accession Number:** 0001515184
**File Stem:** 0000912282-26-000471
**Filing Date:** 2026-3
**Character Count:** 13989
**Document Hash:** 5313bd7d82f16055c2e2278479ea1912
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000912282-26-000471.hdr.sgml**: 20260320

**ACCESSION NUMBER**: 0000912282-26-000471

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260320

**DATE AS OF CHANGE**: 20260320

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Porch Group, Inc.
- **CENTRAL INDEX KEY:** 0001784535
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 842587663
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91226
- **FILM NUMBER:** 26779323

**BUSINESS ADDRESS:**
- **STREET 1:** 411 1ST AVENUE S., SUITE 501
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98104
- **BUSINESS PHONE:** (855) 767-2400

**MAIL ADDRESS:**
- **STREET 1:** 411 1ST AVENUE S., SUITE 501
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PropTech Acquisition Corp
- **DATE OF NAME CHANGE:** 20190805
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ehrlichman Matt
- **CENTRAL INDEX KEY:** 0001515184

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 411 1ST AVENUE S., SUITE 501
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98104

## Exhibit 99.12

Mr. Ehrlichman's transactions since August 8, 2025

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; Date  | &nbsp;&nbsp; Securities Acquired (sold)  | &nbsp;&nbsp; Price Per Share  | &nbsp;&nbsp; Where and how effected  |
| &nbsp;&nbsp; 2025-10-01  | &nbsp;&nbsp; 26394  | &nbsp;&nbsp; N/A (1)  | &nbsp;&nbsp; RSU Vesting  |
| &nbsp;&nbsp; 2025-10-05  | &nbsp;&nbsp; 72853  | &nbsp;&nbsp; N/A(2)  | &nbsp;&nbsp; RSU Vesting  |
| &nbsp;&nbsp; 2025-10-05  | &nbsp;&nbsp; 65084  | &nbsp;&nbsp; N/A(3)  | &nbsp;&nbsp; RSU Vesting  |
| &nbsp;&nbsp; 2026-03-19  | &nbsp;&nbsp; 3496948  | &nbsp;&nbsp; N/A (4)  | &nbsp;&nbsp; Determination PRSU performance criteria satisfied  |

---

* 15,854 shares were delivered after tax withholding.

* 43,762 shares were delivered after tax withholding.

* 39,095 shares were delivered after tax withholding.

* Represents shares of the Issuer's Common Stock earned under PRSU award granted on April 7, 2023, following the Compensation Committee's certification of performance achievement on March 19, 2026. The PRSU award was subject to three distinct performance goals of share price, revenue, and Adjusted EBITDA. The earned shares remain subject to a service-based vesting condition through April 7, 2026.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 9)**

**Porch Group, Inc.**

*(Name of Issuer)*

**Common Stock, par value $0.0001 per share**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Matthew A. Ehrlichman**<br>411 1st Avenue S., Suite 501<br>Seattle WA 98104<br>206-947-2472

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**03/19/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ehrlichman Matt** | Name of reporting person<br>**Ehrlichman Matt** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**25519591.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**25519591.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**25519951.00** | Aggregate amount beneficially owned by each reporting person<br>**25519951.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**22.7%** | Percent of class represented by amount in Row (11)<br>**22.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** The numbers reported in Items 7, 9, and 11 include 19,268,954 shares of Common Stock beneficially owned by Mr. Ehrlichman, options exercisable for 1,892,203 shares of Common Stock, 861,486 restricted stock units, 237,109 of which vest within 60 days, and 3,496,948 performance restricted stock awards, all of which vest within 60 days.  The percentage reported in Item 13 is calculated based on 106,149,690 shares outstanding as of February 16, 2026, as reported in the Issuer's Form 10-K for the year ended December 31, 2025, plus 1,892,203 options, 861,486 restricted stock units, and 3,496,948 performance restricted stock units.  The number of Issuer shares outstanding excludes 18,312,208 shares held by Porch Reciprocal Exchange, an affiliate of the Issuer, which are considered treasury shares for GAAP accounting purposes and under Delaware law and are not considered outstanding for quorum and are not entitled to vote.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.0001 per share

**(b) Name of Issuer:**
Porch Group, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
411 1st Avenue S., Suite 501, Seattle, WA, 98104

This Amendment No. 9 to Schedule 13D ("Amendment No. 9") relates to the shares of Common Stock, par value $0.0001 per share ("Common Stock"), of Porch Group, Inc. (the "Issuer" or the "Company").  This Amendment No. 9 amends and supplements, as set forth below, the Schedule 13D filed by Mr. Ehrlichman on December 31, 2020 (the "Original Schedule 13D"), as amended by Amendment No. 1, filed by Mr. Ehrlichman on February 16, 2022, Amendment No. 2, filed by Mr. Ehrlichman on March 21, 2022, Amendment No. 3 filed by Mr. Ehrlichman on May 17, 2022, Amendment No. 4 filed by Mr. Ehrlichman on November 23, 2022, Amendment No. 5 filed by Mr. Ehrlichman on April 18, 2023, Amendment No. 6 filed by Mr. Ehrlichman on September 11, 2023, Amendment No. 7 filed by Mr. Ehrlichman on September 29, 2023, and Amendment No. 8 filed by Mr. Ehrlichman on August 8, 2025 (collectively, the "Schedule 13D"). All capitalized terms not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13D. The Schedule 13D is amended and supplemented by adding the information contained herein, and only those items amended are reported herein.

**Item 4. Purpose of Transaction**

Other than as previously reported or reported below, Mr. Ehrlichman does not have any plan or proposal that would relate to or would results in (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or of any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure, including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to any of those enumerated above.

The Issuer has adopted the sell-to-cover method as the sole means for plan participants to satisfy tax withholding obligations in connection with the settlement of equity awards.  Accordingly, Mr. Ehrlichman anticipates that as his equity awards are settled, the Issuer will effect on his behalf certain sales-to-cover transactions, over which Mr. Ehrlichman will exercise no discretion.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As of the date hereof, Mr. Ehrlichman may be deemed to beneficially own 25,519,591 shares of Common Stock, representing approximately 22.7% of the shares of Common Stock outstanding.

**(b)**
Number of shares reported herein includes (i) 12,852,242 shares of Common Stock held directly by Mr. Ehrlichman, (ii) 1,892,203 shares of Common Stock that are obtainable upon exercise of options granted to Mr. Ehrlichman by the Company, all of which are currently exercisable, (iii) 861,486 shares of Common Stock that are obtainable upon vesting and settlement of RSUs granted to Mr. Ehrlichman by the Company, 237,109 of which vest within 60 days, (iv) 3,496,948 shares of Common Stock that are obtainable upon vesting and settlement of PRSUs granted to Mr. Ehrlichman by the Company, all of which vest within 60 days, and (v) 6,416,712 shares of Common Stock held by West Equities, LLC, over which Mr. Ehrlichman has sole voting and investment power.

Mr. Ehrlichman's reported beneficial ownership excludes shares of Common Stock underlying 2,435,352 PRSUs granted to Mr. Ehrlichman, which will only be issued to Mr. Ehrlichman upon satisfaction of the following performance conditions:

1,562,017 PRSUs are subject to three performance goals (each weighted 33.3%): (i) Total Shareholder Return ("TSR") using a 60-trading day VWAP for Porch relative to a 60-trading day closing average for companies in the S&P SmallCap 600 Index over a three-year performance period ending December 31, 2026; (ii) Issuer's Adjusted EBITDA in 2026; and (iii) Issuer's Revenue in 2026. Achievement for each metric will be independently determined based on the achievement of threshold, target and maximum of 50%, 100% and 200%, respectively, of the target PRSUs, with linear interpolation in-between.

The remaining 873,335 PRSUs are subject to three performance goals (each weighted 33.3%): (i) Relative Total Shareholder Return ("rTSR") over a performance period beginning on April 1, 2025 and ending on December 31, 2027; (ii) Adjusted EBITDA in the year ending December 31, 2027 compared to specified performance goals; and (iii) Revenue in the year ending December 31, 2027 compared to specified performance goals. The performance goals and actual results for the 2025 PRSUs may be further adjusted based on an objective adjustment policy approved by the Compensation Committee. The payout for each performance metric will be independently determined based on the achievement of threshold, target and maximum of 50%, 100% and 200%, respectively, of the target PRSUs, with linear interpolation in-between. For the rTSR PRSUs, no payout will be earned above 100% unless the Company achieves a positive absolute total stockholder return over the applicable performance period. To motivate exceptional Company financial and stock performance that is aligned with stockholder value creation, the Compensation Committee determined that the Adjusted EBITDA PRSUs and rTSR PRSUs in 2025 will have additional performance goals, with independently determined payouts for each metric at 350% and 500% of the target PRSUs, with no linear interpolation above the 200% payout. The PRSUs will vest as of the earlier of April 4, 2028 and the date that the PRSU achievement is determined by the Compensation Committee.

Please refer to the Company's prior disclosures for additional details on the PRSUs excluded from Mr. Ehrlichman's reported beneficial ownership.

**(c)**
Exhibit 99.12 attached hereto and incorporated herein by reference sets forth all of Mr. Ehrlichman's transactions in Issuer's securities that have occurred since August 8, 2025.  Other than as set forth herein, no transactions in the Issuer's securities have been effected by Mr. Ehrlichman during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 4 of this Amendment No. 9 is incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ehrlichman Matt

**Signature:** Matt Ehrlichman

**Name/Title:** Matt Ehrlichman

**Date:** 03/20/2026