Davis Steven Scott 4
Research Summary
AI-generated summary
Procore (PCOR) President Davis Receives 114,248 RSUs
What happened
- Davis Steven Scott, President, Product & Technology at Procore Technologies (PCOR), was granted 114,248 restricted stock units (RSUs) on 2026-03-31. The Form 4 reports 114,248 shares acquired at $0.00 (total reported value $0) under transaction code A (award/grant). This is an equity award, not an open-market purchase or sale.
Key details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (filed within the typical 2-business-day window for Form 4s).
- Reported price: $0.00 per share; total reported amount $0.
- Shares owned after the transaction: not specified in this filing.
- Transaction code: A (award/grant of RSUs).
- Footnote: The RSUs represent common stock issuable on settlement. One-twelfth (1/12th) of the RSUs vest quarterly on each Feb 20, May 20, Aug 20 and Nov 20, beginning with the first Company Vesting Date following the vesting commencement date of Feb 20, 2026, and are subject to continued service through each vesting date.
Context
- These are restricted stock units (deferred equity) that vest over time if the executive remains employed; they are not immediately liquid stock and do not indicate an immediate buy or sell. Awards like this are routine compensation for executives and should be interpreted as part of pay, not necessarily a market sentiment signal.