---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005649"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:16:34.360155+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Porch Group sets 2023 executive comp: CEO $5.5M equity, bonus at 100% of salary

## Summary
- CEO Ehrlichman: target bonus 100% of base salary; equity grant $5.5M (1.75M PRSUs + 0.58M RSUs).
- CFO Tabak: target bonus 50% of base; equity grant $390k (124k PRSUs + 41k RSUs).
- COO Neagle: target bonus 100% of base; equity grant $2.6M (827k PRSUs + 276k RSUs).
- 2023 bonus plan based on revenue and Adjusted EBITDA; threshold 50%, max 200% of target.
- PRSUs vested on 3-year goals: share price (50% weight), Adj. EBITDA (25%), revenue (25%).

## SEC filing metadata
- accession: 0001558370-23-005649
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000155837023005649/0001558370-23-005649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000155837023005649/prch-20230407x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005649
- JSON: https://secwatch.observer/filing/0001558370-23-005649.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005649.txt

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