PROCORE TECHNOLOGIES, INC.·4

Feb 18, 8:03 PM ET

Courtemanche Craig F. Jr. 4

4 · PROCORE TECHNOLOGIES, INC. · Filed Feb 18, 2026

Research Summary

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Procore (PCOR) Chairman Craig Courtemanche Receives 90,027-Share Award

What happened

  • Craig F. Courtemanche Jr., Chairman of the Board of Procore Technologies (PCOR), was granted/issued 90,027 shares on Feb 16, 2026 (transaction coded as an award/acquisition). The shares were issued at $0 per share (total cash consideration $0). The award reflects performance stock units (PSUs) that had their performance conditions certified by the Compensation Committee.

Key details

  • Transaction date: 2026-02-16; Form 4 filed: 2026-02-18 (timely filing).
  • Transaction type/code: A — award/grant or other acquisition of 90,027 shares at $0.00.
  • Vesting: Per the filing (F1), the certified PSUs are now subject only to time-based vesting — one-third vests on Feb 20, 2026, then one-twelfth vests quarterly on each Feb 20, May 20, Aug 20 and Nov 20 thereafter, subject to continued service.
  • Holdings/beneficial ownership notes: some reported shares are held in trusts (F2–F4: Craig F. Courtemanche & Hillary Courtemanche Family Trust and two irrevocable trusts).
  • Amount owned following the transaction is not specified in the excerpt provided.

Context

  • These were PSUs that met performance criteria and converted to time-vesting awards — not an open-market purchase or sale, and no cash was exchanged. For retail investors, this is a standard executive compensation event indicating performance targets were met; it does not on its own signal buying/selling intent.

Insider Transaction Report

Form 4
Period: 2026-02-16
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-16+90,027954,924 total
Holdings
  • Common Stock

    [F2]
    (indirect: See Footnote)
    2,692,461
  • Common Stock

    [F3]
    (indirect: See Footnote)
    1,155,480
  • Common Stock

    [F4]
    (indirect: See Footnote)
    527,349
  • Common Stock

    (indirect: By Spouse)
    23,736
Footnotes (4)
  • [F1]Represents shares of common stock issuable upon the settlement of performance stock units ("PSUs") initially subject to both performance-based criteria and time-based vesting. On February 16, 2026, the Compensation Committee of the Company's Board of Directors certified that certain performance-based criteria had been satisfied. As a result, the PSUs that were certified as having satisfied the applicable performance-based criteria are now subject only to the following time-based vesting schedule: One-third (1/3rd) of the PSUs vest on February 20, 2026, and thereafter, one-twelfth (1/12th) of the PSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date"), subject to the Reporting Person's continued service through each Company Vesting Date.
  • [F2]These shares are held by the Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
  • [F3]These shares are held by the Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
  • [F4]These shares are held by The Courtemanche 2016 Irrevocable Trust.
Signature
/s/ Benjamin C. Singer, Attorney-in-Fact|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771463013.xmlPrimary

    FORM 4