Procore CRO reports tax-withholding share disposition
PROCORE TECHNOLOGIES, INC.
Rhea-AI Filing Summary
PROCORE TECHNOLOGIES, INC. Chief Revenue Officer Lawrence Joseph Stack reported a Form 4 transaction involving a tax-related share disposition. On February 20, 2026, 4,843 shares of common stock were withheld by the company at $52.02 per share to satisfy taxes due upon the vesting of restricted stock units. After this withholding transaction, Stack’s directly held common stock totaled 179,285 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,843 shares
Exercise Price or Tax Liability
1 txn
Insider
Stack Lawrence Joseph
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,843 | $52.02 | $252K |
Holdings After Transaction:
Common Stock — 179,285 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PCOR executive Lawrence Stack report on this Form 4?
Lawrence Stack reported a tax-withholding disposition of Procore common stock. On February 20, 2026, 4,843 shares were withheld by the company to cover taxes from vesting restricted stock units, rather than sold on the open market.
What does transaction code F mean in the PCOR Form 4 filing?
Transaction code F indicates a payment of tax liability by delivering securities. In this case, 4,843 shares of Procore stock were withheld by the company to cover taxes arising from the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.