BlackRock, Inc. Reports 5.2% Ownership in Porch Group, Inc.

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing a 5.2% ownership stake in Porch Group, Inc. The filing indicates that BlackRock beneficially owns 6,325,596 shares of Porch Group's common stock, with sole voting power over 6,188,927 shares and sole dispositive power over all 6,325,596 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of these shares, but no single person's interest exceeds 5% of the total outstanding shares. The filing was made in accordance with SEC Release No. 34-39538, which allows for the disaggregation of securities ownership by different business units within BlackRock. The filing was signed by Spencer Fleming, Managing Director of BlackRock, Inc.