Chapple Erin 4

What Happened
Erin Chapple, a director of Procore Technologies (PCOR), was granted 4,712 restricted stock units (RSUs) on June 4, 2026. The Form 4 shows the award was recorded at $0.00 (no cash was paid); these RSUs represent the right to receive common stock upon settlement and will convert to shares only when they vest.

Key Details

• Transaction type: Award/Grant (code A) — 4,712 RSUs granted on 2026-06-04.
• Price reported on Form 4: $0.00 (grant; no cash exchanged). Market value at settlement will depend on PCOR share price then.
• Vesting: 100% of the RSUs vest on the date of Procore’s 2027 annual meeting of stockholders (or immediately before that meeting if Chapple’s service ends due to not being re-elected), subject to continued service through the vesting date. (See footnote.)
• Shares owned after transaction: Not specified in the filing.
• Filing date: 2026-06-08; period of report: 2026-06-04. No late-filing flag indicated.

Context
RSU grants are a common form of equity compensation for directors and executives and do not represent immediately tradable shares. Because these are time‑based RSUs that vest in full at the 2027 annual meeting, they reflect future potential ownership contingent on continued service rather than an immediate market purchase.