Procore (PCOR) CLO awarded 41,545 RSUs vesting from 2026
Rhea-AI Filing Summary
Singer Benjamin C reported acquisition or exercise transactions in this Form 4 filing.
PROCORE TECHNOLOGIES, INC. Chief Legal Officer and Secretary Benjamin C. Singer received a grant of 41,545 shares of common stock in the form of restricted stock units. These RSUs vest in 12 equal quarterly installments on February 20, May 20, August 20 and November 20, beginning on February 20, 2026, as long as he remains in service on each vesting date. Following this award, he directly holds 106,205 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,545 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
restricted stock units (the "RSUs") financial
vesting commencement date financial
Company Vesting Date financial
FAQ
What did Procore (PCOR) disclose about Benjamin C. Singer’s latest equity award?
Procore disclosed that Chief Legal Officer Benjamin C. Singer received 41,545 restricted stock units. These RSUs represent common stock and were granted at no cash cost, forming part of his equity-based compensation and aligning his interests with long-term company performance and shareholder outcomes.
How do Benjamin C. Singer’s new RSUs at Procore (PCOR) vest over time?
The 41,545 RSUs vest in 12 equal quarterly installments. Vesting occurs on February 20, May 20, August 20 and November 20 each year, starting February 20, 2026, and requires Benjamin C. Singer’s continued service through each scheduled Company Vesting Date.
What are restricted stock units (RSUs) in Procore (PCOR)’s Form 4 filing?
Restricted stock units are promises to deliver shares of Procore common stock in the future once vesting conditions are met. In this filing, 41,545 RSUs were granted and will settle into shares gradually, assuming the executive continues to serve through each vesting date.
Is Benjamin C. Singer’s Procore (PCOR) RSU grant a market purchase or sale?
The RSU grant is not a market purchase or sale of Procore shares. It is a compensation-related award provided at no cash cost, with shares to be issued over time as vesting milestones are reached and service conditions continue to be satisfied.