Procore (PCOR) CEO awarded 147,137 RSUs vesting quarterly over time

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Procore Technologies CEO & President Gopal Ajei received an equity award of 147,137 shares of Common Stock on March 31, 2026. The award is in the form of restricted stock units that carry no cash exercise price.

One-twelfth of the RSUs will vest on each February 20, May 20, August 20 and November 20, starting with the first such date after the February 20, 2026 vesting commencement date, as long as he continues in service. Following this grant, he directly holds 556,420 shares of Procore common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gopal Ajei

Role CEO & President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	147,137	$0.00	--

Holdings After Transaction: Common Stock — 556,420 shares (Direct)

Footnotes (1)

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Key Figures

RSU Grant Size: 147,137 shares Grant Price: $0.0000 per share Post-grant Holdings: 556,420 shares +2 more

5 metrics

RSU Grant Size 147,137 shares Common Stock award on March 31, 2026

Grant Price $0.0000 per share Reported transaction price for RSU grant

Post-grant Holdings 556,420 shares Total shares directly owned after transaction

Vesting Fraction 1/12 per vesting date Quarterly vesting of RSUs

Vesting Commencement February 20, 2026 Date from which Company Vesting Dates begin

Key Terms

restricted stock units, Company Vesting Date, vesting commencement date

3 terms

restricted stock units financial

"Represents shares of common stock issuable upon the settlement 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.

Company Vesting Date financial

"One-twelfth (1/12th) of the RSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date")"

vesting commencement date financial

"beginning with the first Company Vesting Date following the vesting commencement date of February 20, 2026"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 08:21 PM

SEC Form 4

FORM 4

UNITED 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^*

Gopal Ajei

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		147,137⁽¹⁾	A	$0	556,420	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of common stock issuable upon the settlement of restricted stock units (the "RSUs"). One-twelfth (1/12th) of the RSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date"), beginning with the first Company Vesting Date following the vesting commencement date of February 20, 2026, and subject to the Reporting Person's continued service through each Company Vesting Date.

Remarks:

	/s/ Benjamin C. Singer, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Procore (PCOR) CEO Gopal Ajei report in this Form 4?

He reported an award of 147,137 shares of Procore common stock in the form of restricted stock units. These shares were granted at no cash cost and increase his direct holdings to 556,420 shares after the transaction.

How many Procore (PCOR) shares were granted to the CEO in this award?

The CEO received an award covering 147,137 shares of Procore common stock. The grant is structured as restricted stock units, which convert into shares over time as they vest according to the company’s specified vesting schedule.

What is the vesting schedule for Gopal Ajei’s 147,137 Procore RSUs?

One-twelfth of the restricted stock units vests quarterly on February 20, May 20, August 20 and November 20. Vesting begins with the first such date after February 20, 2026 and requires his continued service through each Company Vesting Date.

Did the Procore CEO pay a purchase price for these 147,137 RSUs?

No, the filing shows a price per share of 0.0000 for the 147,137 granted shares. This indicates a compensation-related stock award rather than an open-market purchase, consistent with a restricted stock unit grant from the company.

How many Procore (PCOR) shares does the CEO own after this Form 4 grant?

After the reported grant, Gopal Ajei directly holds 556,420 shares of Procore common stock. This total includes the newly awarded restricted stock units that will settle into shares as they vest over time under the company’s vesting schedule.

What conditions apply to vesting of the Procore CEO’s RSUs?

Vesting is tied to continued service. One-twelfth of the RSUs vests on each Company Vesting Date—February 20, May 20, August 20 and November 20—starting after February 20, 2026, provided Gopal Ajei remains in service through each vesting date.