O CONNOR KEVIN J 4
4 · PROCORE TECHNOLOGIES, INC. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Procore (PCOR) Director Kevin O'Connor Receives RSU Award
What Happened
Kevin J. O'Connor, a director of Procore Technologies, was granted 4,712 restricted stock units (RSUs) reported as an award (code A) on 2026-06-04. The filing shows an acquisition price of $0.00 (grant), so no cash was paid at grant. The RSUs convert to common stock when they vest; the filing does not report an immediate transfer of shares for sale or purchase.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (filed within the required two business-day window).
- Grant amount and price: 4,712 RSUs at $0.00 (award/grant).
- Shares owned after transaction: Not specified in the Form 4 (filing lists only the RSU grant).
- Footnote F1: RSUs vest 100% on the date of Procore's 2027 annual meeting of stockholders (or immediately before that date if the director's service ends due to not being re-elected), subject to continued service. The reporting person has elected to defer receipt of the underlying shares until the earlier of (i) 90 days after termination of service or (ii) a change in control.
- Footnote F2: Shares (or related interests) are held by the Kevin J. O'Connor Revocable Trust dated 06-13-19.
Context
This was a compensation grant to a director (an award of RSUs), not a market purchase or sale. RSUs represent a promise to issue shares at vesting rather than immediate stock ownership, and director RSU grants are common routine compensation — they do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-04+4,712→ 21,344 total
- 985,214(indirect: See Footnote)
Common Stock
[F2]
Footnotes (2)
- [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]These shares are held by the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19.