---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-012896"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:13:48.311477+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CFO Martin Heimbigner to remain in transition role with new bonus incentives tied to SEC filings

## Summary
- Heimbigner's base salary raised to $390,000 effective Oct 1, 2021; transition role after new CFO is appointed.
- Eligible for $250K aggregate transition bonus: $100K for timely Q3 '22 10-Q filing, $150K for timely annual 10-K filing.
- New short-term incentive program with $205K target per 360-day period; max payout $247,708.
- Vested stock option exercise period extended up to two years and 90 days post-termination if milestones met.
- Company expects to retain a new CFO during 2022; Heimbigner stays at-will until transition complete.

## SEC filing metadata
- accession: 0001558370-22-012896
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000155837022012896/0001558370-22-012896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000155837022012896/prch-20220809x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-012896
- JSON: https://secwatch.observer/filing/0001558370-22-012896.json
- Plain text: https://secwatch.observer/filing/0001558370-22-012896.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.