Procore (PCOR) SVP William Fleming Withholds 2,308 Shares for Taxes

What Happened

• William (Fred) Fleming Jr., SVP and Corporate Controller of Procore Technologies (PCOR), had 2,308 shares withheld to satisfy a tax obligation related to the vesting of restricted stock units. The withholding was recorded at $62.92 per share for a total of $145,219. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-20
• Price per share: $62.92; Shares withheld/disposed: 2,308; Total value: $145,219
• Transaction code: F — shares withheld by the issuer to satisfy tax withholding on vested RSUs (see footnote F1)
• Filing date (Form 4): 2026-08-24; no late-filing flag indicated in the provided data
• Shares owned after transaction: Not reported in the provided transaction details

Context

• This was a cashless/tax-withholding event tied to RSU vesting (issuer withheld shares to cover taxes). Such withholdings are routine and do not represent a market sale by the insider or a directional bet on the stock.