{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-25-000027","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2025-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.706555+00:00","generated_at":"2026-05-23T19:06:22.800188+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Porch Group grants $11.05M in equity to execs under 2025 LTI; 75% performance-based","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-25-000027","json":"https://secwatch.observer/filing/0001784535-25-000027.json","markdown":"https://secwatch.observer/filing/0001784535-25-000027.md","text":"https://secwatch.observer/filing/0001784535-25-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000027/0001784535-25-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000027/prch-20250404.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T19:06:22.800188+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"}