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PROCORE TECHNOLOGIES, INC.·4

Jun 8, 9:25 PM ET

Griffith William J.G. 4

4 · PROCORE TECHNOLOGIES, INC. · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Procore (PCOR) Director William Griffith Receives RSU Award

What Happened
William J.G. Griffith, a director and reported 10% owner of Procore Technologies (PCOR), was granted 4,712 restricted stock units (RSUs) on 2026-06-04. The award was reported as an acquisition at $0.00 per share (no cash paid). The RSUs represent shares of common stock issuable upon settlement and are subject to vesting and deferral rules described below.

Key Details

  • Transaction date and filing: Grant on 2026-06-04; Form 4 filed 2026-06-08 (appears timely — filed within two business days).
  • Award: 4,712 RSUs granted, $0.00 per share (award, not an open-market trade).
  • Shares beneficially owned after grant: 3,249,258 shares total (consisting of 4,712 RSUs issuable upon settlement + 3,244,546 shares held via family/estate-planning trusts).
  • Vesting & settlement: 100% of the RSUs vest on the date of the issuer’s 2027 annual meeting of stockholders (or immediately before that date if director service ends due to non‑re‑election), subject to continued service.
  • Deferral: Reporting person elected to defer receipt of stock on vesting until the earlier of (i) 90 days after termination of service or (ii) a change in control.
  • Other note: Proceeds of any sale of shares issued on settlement of the RSUs will be transferred to ICONIQ Capital, LLC. The reporting person disclaims beneficial ownership of certain trust-held shares except to the extent of any pecuniary interest.

Context

  • RSUs are awards that convert into shares on vesting; this was an award (code A), not a purchase or sale, so it does not directly indicate buying or selling sentiment.
  • As a reported 10% owner and an ICONIQ Capital general partner/MD, some holdings are held via trusts and investment vehicles; the reporting person disclaims beneficial ownership of certain securities except for any pecuniary interest.

Insider Transaction Report

Form 4
Period: 2026-06-04
PROCORE TECHNOLOGIES, INC.PCOR
Griffith William J.G.
Director10% Owner
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-06-04+4,712→ 3,249,258 total
Holdings

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners III, L.P.)
    2,634,478

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners III-B, L.P.)
    2,814,976

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners III Co-Invest, L.P., Series P)
    1,027,611

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners IV, L.P.)
    1,876,073

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners IV-B, L.P.)
    3,108,450

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners IV Co-Invest, L.P., Series P)
    940,443

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners V, L.P.)
    115,070

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners V-B, L.P.)
    177,265

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners VI, L.P.)
    857,031

  • Common Stock

    [F3][F4][F5]
    (indirect: By ICONIQ Strategic Partners VI-B, L.P.)
    1,069,534
Footnotes (5)
  • [F1]Represents shares of common stock issuable upon the settlement of restricted stock units ("RSUs"). 100% of the RSUs vest on the date of the issuer's 2027 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such annual meeting as a result of the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), subject to the Reporting Person's continued service through such vesting date. The Reporting Person has elected to defer the receipt of common stock upon the vesting of the RSUs until the earlier of (i) the date that is ninety (90) days following the date of termination of service, and (ii) the date of a change in control.
  • [F2]Consists of (i) 4,712 shares issuable upon the settlement of RSUs and (ii) 3,244,546 shares held by the Reporting Person through his family trust of which he is a trustee and another estate planning trust having an independent trustee. The RSUs are held by the Reporting Person, a director of the Issuer. The proceeds of any sale of shares of common stock issued to the Reporting Person upon settlement of the RSUs will be transferred to ICONIQ Capital, LLC. The Reporting Person disclaims beneficial ownership of these shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
  • [F3]ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ Strategic Partners III, L.P. ("ICONIQ III"), ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B") and ICONIQ Strategic Partners III Co-Invest, L.P., Series P ("ICONIQ III Co-Invest"). ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV"), ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B") and ICONIQ Strategic Partners IV Co-Invest, L.P., Series P ("ICONIQ IV Co-Invest"). ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP.
  • [F4](continued) ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of each of ICONIQ Strategic Partners V, L.P. ("ICONIQ V") and ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B"). ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ VI GP") is the sole general partner of each of ICONIQ Strategic Partners VI, L.P. ("ICONIQ VI") and ICONIQ Strategic Partners VI-B, L.P. ("ICONIQ VI-B"). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ VI Parent GP") is the sole general partner of ICONIQ VI GP.
  • [F5](continued) Divesh Makan ("Makan") and the Reporting Person are the sole equity holders of ICONIQ III Parent GP. Makan, the Reporting Person and Matthew Jacobson ("Jacobson") are the sole equity holders of each of ICONIQ IV Parent GP, ICONIQ V Parent GP and ICONIQ VI Parent GP. The Reporting Person is a General Partner and a Managing Director at ICONIQ Capital. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Signature
/s/ William J.G. Griffith|2026-06-08

Documents

1 file
  • 4
    ownership.xmlPrimary

    4