{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-009240","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2022-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.301337+00:00","generated_at":"2026-06-25T08:18:51.442628+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Porch Group sets CEO target bonus at 100% of salary, grants $5M equity to CEO","bullets":["CEO Matthew Ehrlichman granted PRSUs valued at $3.75M and RSUs valued at $1.25M.","COO Matthew Neagle granted PRSUs and RSUs each valued at $1.25M.","2022 bonus target for CEO and COO is 100% of base salary; 85% based on revenue and Adjusted EBITDA (loss) as % of revenue, 15% discretionary.","PRSUs vest over three-year performance period subject to absolute share price and trailing twelve-month revenue conditions.","Bonus plan includes clawback provision and pro-rata calculation for new hires, death/disability, and involuntary termination without cause."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-009240","json":"https://secwatch.observer/filing/0001558370-22-009240.json","markdown":"https://secwatch.observer/filing/0001558370-22-009240.md","text":"https://secwatch.observer/filing/0001558370-22-009240.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000155837022009240/0001558370-22-009240-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000155837022009240/prch-20220520x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T08:18:51.442628+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}