Procore director awarded 4,712 RSU shares
PROCORE TECHNOLOGIES, INC. director Kevin J. O’Connor reported an equity award of 4,712 shares of common stock, granted at a price of $0.0000 per share as a compensation-related acquisition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PROCORE TECHNOLOGIES, INC. director Kevin J. O’Connor reported an equity award of 4,712 shares of common stock, granted at a price of $0.0000 per share as a compensation-related acquisition. These shares are issuable upon settlement of restricted stock units that vest 100% at the issuer’s 2027 annual meeting of stockholders, subject to his continued service.
O’Connor has elected to defer receipt of the common stock until the earlier of 90 days after his service ends or a change in control. Following this award, he holds 21,344 shares directly and 985,214 shares indirectly through the Kevin J. O’Connor Revocable Trust U/A DTD 06-13-19.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,712 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. These shares are held by the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19.
AI-generated analysis. How Rhea-AI works. Not financial advice.