O CONNOR KEVIN J 4

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.