Porch Group drops 6.15% in pre-market trading as CFO's insider sales spark investor concerns

Porch Group fell 6.1492% in pre-market trading on December 16, 2025, as investor sentiment weakened following key insider transactions. The decline came amid significant stock sales by Shawn Tabak, the company’s chief financial officer.

Tabak executed multiple sales of company shares in late December, including 24,294 shares on December 15 at a weighted average price of $9.6636, with transaction prices ranging between $9.48 and $10.10. Earlier, on December 11, he sold 10,706 shares at $9.9928, with prices spanning $9.86 to $10.07. These trades were conducted under a Rule 10b5-1 trading plan established on December 10, 2024, which allows prearranged sales to manage tax obligations. The plan, set to expire in March 2026, permits the sale of up to 205,000 shares.

While the transactions are framed as part of routine tax planning, the timing and volume of the sales have raised concerns among investors. Insider selling, particularly by high-ranking executives, often signals potential uncertainties about a company’s short-term prospects. The pre-market selloff reflects heightened sensitivity to such signals, with traders reacting to the perceived lack of confidence from leadership.

Analysts will likely monitor whether further insider activity or corporate updates could stabilize or exacerbate the stock’s momentum.