PROCORE TECHNOLOGIES, INC.·4

Jun 8, 9:20 PM ET

CALDWELL NANCI 4

4 · PROCORE TECHNOLOGIES, INC. · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Procore (PCOR) Director Nanci Caldwell Receives RSU Award

What Happened
Nanci Caldwell, a director of Procore Technologies (PCOR), received a grant of 4,712 restricted stock units (RSUs) on 2026-06-04. The reported acquisition price is $0.00 (grant), so there was no cash purchase. This is a compensation award rather than an open‑market buy or sale.

Key Details

  • Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely per standard two‑business‑day rule).
  • Transaction type/code: Award/Grant (A). Shares: 4,712 RSUs; reported price $0.00.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: RSUs convert to common stock on settlement. 100% of the RSUs vest on the date of Procore’s 2027 annual meeting of stockholders (or immediately before that meeting if Caldwell’s service ends due to non‑re‑election), subject to continued service. Caldwell 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.

Context
RSUs are a form of equity compensation that become actual shares only when they vest/settle; this grant reflects routine director compensation rather than a market bet. Because receipt is deferred, Caldwell will not immediately receive shares at vesting unless a triggering event occurs per the deferral election.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-04+4,71263,871 total
Footnotes (1)
  • [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.
Signature
/s/ Benjamin C. Singer, Attorney-in-Fact|2026-06-08

Documents

1 file
  • 4
    wk-form4_1780968056.xmlPrimary

    FORM 4