STOCK TITAN

Procore (PCOR) exec has 13K shares withheld for tax bill

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PROCORE TECHNOLOGIES, INC. (PCOR) reported an insider tax-related share disposition by executive Steven Scott Davis, President Product & Technology. On August 20, 2026, Davis had 13,267 shares of common stock withheld by the company to satisfy a tax obligation arising from vested restricted stock units. After this withholding, he directly held 277,282 shares of PROCORE common stock.

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Insights

Analyzing...

Insider Davis Steven Scott
Role President Product & Technology
Type Security Shares Price Value
Tax Withholding Common Stock F1 13,267 $62.92 $835K
Holdings After Transaction: Common Stock — 277,282 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting of restricted stock units.
Shares withheld 13,267 shares Shares of common stock withheld on August 20, 2026 to satisfy tax obligation
Reference price per share $62.92 per share Value used for the tax-withholding disposition of 13,267 shares
Shares held after transaction 277,282 shares Direct holdings of Steven Scott Davis in PROCORE common stock after the transaction
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld financial
"Represents shares withheld by the Issuer to satisfy a tax obligation"
tax obligation financial
"to satisfy a tax obligation realized by the Reporting Person"
Code F financial
"transaction code F indicates payment of tax liability"

FAQ

What insider transaction did PCOR disclose for Steven Scott Davis?

PCOR disclosed that Steven Scott Davis, President Product & Technology, had 13,267 shares of common stock withheld on August 20, 2026 to cover a tax obligation triggered by the vesting of restricted stock units.

How many PROCORE (PCOR) shares were involved in the latest Form 4 filing?

The filing reports 13,267 shares of PROCORE common stock, which were withheld by the issuer at a reference value of $62.92 per share to satisfy a tax liability upon RSU vesting.

Did Steven Scott Davis sell PROCORE (PCOR) shares in the open market?

No. The Form 4 states the transaction was a Code F event, representing shares withheld by the issuer to pay a tax obligation upon RSU vesting, not an open-market sale.

How many PROCORE (PCOR) shares does Steven Scott Davis hold after this transaction?

Following the tax-withholding transaction, Steven Scott Davis directly holds 277,282 shares of PROCORE common stock, as reported in the Form 4 filing.

Was the PROCORE (PCOR) insider transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the transaction was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

What does transaction code F mean in the PROCORE (PCOR) Form 4?

Transaction code F indicates payment of a tax liability by delivering or withholding securities. In this case, PROCORE withheld 13,267 shares from Steven Scott Davis upon the vesting of restricted stock units to cover his tax obligation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Davis Steven Scott

(Last)(First)(Middle)
C/O PROCORE TECHNOLOGIES, INC.
6309 CARPINTERIA AVENUE

(Street)
CARPINTERIA CALIFORNIA 93013

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PROCORE TECHNOLOGIES, INC. [ PCOR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President Product & Technology
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026F13,267(1)D$62.92277,282D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting of restricted stock units.
Remarks:
/s/ Benjamin C. Singer, Attorney-in-Fact08/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)