The CEO and COO sold on the same day at the same price, which is unusual for a liquidity-driven sale and may signal a bearish view near the stock's recent highs. Monitor for any upcoming earnings or material news that could explain the timing.
Price Chart
Executive Summary
Three Porch Group insiders, including CEO Matt Ehrlichman and COO Matthew Neagle, sold a combined $2.08M in open-market shares on May 8 and May 12, 2026. The CEO's $1.29M sale is the largest, representing about 0.16% of the company's $1.3B market cap. While the dollar amount is modest relative to market cap, the cluster of C-suite selling—especially the CEO—warrants attention, though the sales may be liquidity-driven given the stock's recent strong performance.
Key Financial Metrics
Key Facts
- CEO Matt Ehrlichman sold 116,303 shares at $11.116 for $1.29M on May 8, 2026.
- COO Matthew Neagle sold 60,240 shares at $11.116 for $670K on May 8, 2026.
- CFO Shawn Tabak sold 11,107 shares at $10.525 for $117K on May 12, 2026.
- Total open-market sales: $2.08M, representing ~0.16% of $1.3B market cap.
- CEO also received a non-cash grant of 1.75M shares on March 19, 2028 (future dated).
- Prior 30-day insider activity: 9 sells totaling $4.9M, indicating sustained selling pressure.
Financial Impact
Total insider sales of $2.08M, or ~0.16% of market cap, are modest in absolute terms but notable as a cluster of C-suite selling.
Risk Factors
- Further insider selling could pressure the stock if the pattern continues.
- The CEO's large non-cash grant (1.75M shares) may create future dilution or selling overhang.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PRCH-1778795037223 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Insider Cluster | $18.11 | awaiting T+5 | — | $17.37 (+4.09%) |
Oct 20, 2026 5d ago | Insider Cluster | $18.59 | awaiting T+5 | — | $17.37 (−6.56%) |
Oct 13, 2026 12d ago | 8-K | $16.44 $18.59 | ▲ +13.08% | ▲ +12.62% | $17.37 (+5.66%) |
Oct 6, 2026 20d ago | 144 | $17.31 $16.44 | ▼ −5.03% | ▼ −4.05% | $17.37 (+0.35%) |
Oct 5, 2026 21d ago | 144 | $17.35 $17.69 | ▲ +1.96% | ▲ +1.54% | $17.37 (+0.12%) |
Sep 16, 2026 5w ago | Insider Cluster | $15.98 $16.47 | ▼ −3.07% | ▼ −2.47% | $17.37 (−8.70%) |
Jun 11, 2026 19w ago | 8-K | $9.72 $12.25 | ▲ +26.03% | ▲ +25.60% | $17.37 (+78.70%) |
May 28, 2026 21w ago | Insider Cluster | $10.42 $9.26 | ▲ +11.13% | ▲ +8.61% | $17.37 (−66.70%) |
May 21, 2026 22w ago | Insider Cluster | $9.56 $11.03 | ▼ −15.38% | ▼ −13.72% | $17.37 (−81.69%) |
May 19, 2026 22w ago | Insider Cluster | $9.74 $10.34 | ▲ +6.16% | ▲ +4.36% | $17.37 (+78.34%) |
US Market Status
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