Procore (NYSE: PCOR) controller holds 102,673 shares after tax withholding
Rhea-AI Filing Summary
PROCORE TECHNOLOGIES, INC. (PCOR) reported an insider tax-withholding transaction by William Fred Fleming Jr., SVP, Corporate Controller. On August 20, 2026, 2,308 shares of common stock were withheld at $62.92 per share to satisfy taxes upon vesting of restricted stock units, leaving Fleming with 102,673 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,308 shares
Net Sell
1 txn
Insider
Fleming William Fred Jr
Role
SVP, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,308 | $62.92 | $145K |
Holdings After Transaction:
Common Stock — 102,673 shares (Direct)
Footnotes (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.
Key Figures
Shares withheld for taxes: 2,308 shares
Share value used for withholding: $62.92 per share
Shares owned after transaction: 102,673 shares
3 metrics
Shares withheld for taxes
2,308 shares
Common stock withheld August 20, 2026 to satisfy tax obligation on RSU vesting
Share value used for withholding
$62.92 per share
Valuation per share for the 2,308 shares withheld
Shares owned after transaction
102,673 shares
Directly held by William Fred Fleming Jr. after the August 20, 2026 transaction
Key Terms
restricted stock units, withheld by the Issuer, tax obligation
3 terms
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 by the Issuer 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"
FAQ
What insider transaction did PCOR report for William Fred Fleming Jr.?
PCOR reported that William Fred Fleming Jr., SVP, Corporate Controller, had 2,308 shares of common stock withheld on August 20, 2026, to satisfy a tax obligation arising from the vesting of restricted stock units.
Was the PCOR insider transaction a market sale or a tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. PCOR states the 2,308 shares were withheld by the issuer to satisfy a tax obligation upon vesting of restricted stock units.
Was the PCOR insider transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnote explains the event as shares withheld by the issuer to satisfy a tax obligation upon restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.