Courtemanche Craig F. Jr. 4

What Happened
Craig F. Courtemanche Jr., Director and Chairman of the Board of Procore Technologies (PCOR), was granted 4,712 restricted stock units (RSUs) on June 4, 2026. The award is reported as an acquisition at $0.00 per share (grant value shown as $0 in the filing). These RSUs are subject to time-based vesting and are not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Transaction type: Award/Grant (RSUs), code A. Price: $0.00. Amount: 4,712 RSUs.
• Vesting: 100% of the RSUs vest on the date of the issuer’s 2027 annual meeting of stockholders (or immediately prior if the director’s service ends due to non‑re‑election), subject to continued service. (Footnote F1)
• Deferred delivery: The reporting person elected to defer receipt of the underlying common stock until the earlier of (i) 90 days after termination of service or (ii) a change in control. (Footnote F1)
• Other holdings: The filing notes certain shares are held in family and irrevocable trusts associated with the Courtemanche family (Footnotes F2–F4).
• Timeliness: Reported on SEC accession 0001628280-26-041748, filed 2026-06-08 for a 2026-06-04 transaction — filed within the Form 4 reporting window (timely).

Context
An RSU grant is a compensation award, not a market purchase; the $0 price reflects that shares were granted, not bought. Because the RSUs vest in full at the 2027 annual meeting and the recipient has elected to defer delivery, there is no immediate change in circulating shares or an immediate sale. Such awards are routine for executive and director compensation and do not by themselves indicate the insider is buying or selling stock.