other
confidence high
sentiment neutral
materiality 0.40
Porch Group grants $11.05M in equity to execs under 2025 LTI; 75% performance-based
Porch Group, Inc.
- CEO Ehrlichman receives $6.95M (1,030,016 PRSUs + 343,339 RSUs); CFO Tabak $1M; COO Neagle $3.1M.
- 75% of award value in performance-based RSUs (PRSUs) with targets for rTSR, Adjusted EBITDA, and Revenue (each 33.3% weight).
- PRSU payout range 0%-400% per metric; rTSR and EBITDA metrics have additional upside to 350% and 500% levels.
- RSUs vest over 4 years: 25% at year 1, then 1/6 every six months.