other material
confidence high
sentiment neutral
materiality 0.50
Porch Group corrects equity grant calculation error, reduces awards to executives
Porch Group, Inc.
- CEO Ehrlichman revised grant: 873,335 PRSUs and 291,112 RSUs, reduced by 156,681 PRSUs and 52,227 RSUs.
- CFO Tabak revised grant: 125,660 PRSUs and 41,887 RSUs, reduced by 22,544 PRSUs and 7,514 RSUs.
- COO Neagle revised grant: 389,545 PRSUs and 129,848 RSUs, reduced by 69,887 PRSUs and 23,296 RSUs.
- Correction due to VWAP calculation error; no impact on previously published financial statements.