Fleming William Fred Jr 4
4 · PROCORE TECHNOLOGIES, INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Procore (PCOR) SVP William Fleming Receives RSU Awards
What Happened William F. Fleming Jr., SVP & Corporate Controller of Procore Technologies (PCOR), was granted two restricted stock unit (RSU) awards on 2026-03-31 totaling 36,785 RSUs (19,474 and 17,311). Both grants were reported as acquisitions at $0.00 per share (i.e., awards, not a cash purchase). These RSUs represent shares issuable upon settlement according to the vesting schedules below.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02.
- Grants: 19,474 RSUs (footnote F1) and 17,311 RSUs (footnote F2); reported price $0.00.
- Shares owned after the transaction: Not disclosed in the provided filing details.
- Footnotes:
- F1: These RSUs vest 1/12th quarterly on each Feb 20, May 20, Aug 20 and Nov 20 starting with the first Company Vesting Date after the vesting commencement date of Feb 20, 2026; vesting requires continued service.
- F2: These RSUs vest 3/4 on the first anniversary of May 20, 2026 and 1/4 on the second anniversary of that date.
- Filing timeliness: Form was filed Apr 2, 2026; no late-filing flag reported on the form provided.
Context RSU grants are a common form of equity compensation and do not represent an immediate cash gain — the recipient receives shares only as the RSUs vest and are settled (and may be subject to tax withholding at that time). Because these were awards (not purchases or sales), they should be viewed as compensation rather than a direct insider market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+19,474→ 95,887 total - Award
Common Stock
[F2]2026-03-31+17,311→ 113,198 total
Footnotes (2)
- [F1]Represents shares of common stock issuable upon the settlement of restricted stock units (the "RSUs"). One-twelfth (1/12th) of the RSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date"), beginning with the first Company Vesting Date following the vesting commencement date of February 20, 2026, and subject to the Reporting Person's continued service through each Company Vesting Date.
- [F2]Represents shares of common stock issuable upon the settlement of restricted stock units (the "RSUs"). Three-fourths (3/4th) of the shares underlying the RSUs will vest on the first anniversary of May 20, 2026 (the "Vesting Commencement Date"), and one-fourth (1/4th) of the shares underlying the RSUs will vest on the second anniversary of the Vesting Commencement Date.