Courtemanche Craig F. Jr. 4

What Happened

• Craig F. Courtemanche Jr., Director and Chairman of the Board of Procore Technologies (PCOR), had 12,588 shares withheld by the issuer to satisfy tax obligations resulting from the vesting of restricted stock units (RSUs). The withholding was recorded as a disposition at $47.37 per share for a total value of $596,294. The Form 4 covering this transaction was filed May 22, 2026, reporting a transaction date of May 20, 2026.

Key Details

• Transaction date and price: May 20, 2026 — 12,588 shares withheld at $47.37 each (total $596,294).
• Transaction type/code: F — shares withheld to satisfy tax liability upon RSU vesting (cashless/tax-withholding disposition, not an open-market sale).
• Shares owned after transaction: Not specified in the information provided on this summary.
• Filing: Form 4 filed May 22, 2026 (period of report 2026-05-20). No late filing flag was indicated in the provided data.
• Relevant footnotes:
  • F1: Withheld to satisfy tax obligation on RSU vesting.
  • F2–F4: Some shares are held in family and irrevocable trusts (Craig F. Courtemanche & Hillary Courtemanche Family Trust; Courtemanche 2021 Irrevocable Trust; Courtemanche 2016 Irrevocable Trust).

Context

• This was a routine tax-withholding event tied to RSU vesting (a common administrative disposition). It is not the same as an open-market sale by the insider and typically does not signal a change in the insider’s view of the company. The filing shows ownership/holding structure via family and irrevocable trusts but does not itself indicate additional purchases or sales.