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Procore (PCOR) SVP exercises stock options, now holding 76,413 shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PROCORE TECHNOLOGIES, INC. senior vice president and corporate controller William Fred Fleming Jr. exercised stock options to acquire 9,500 shares of common stock at $12.22 per share on March 12, 2026.

The options were part of a grant that began vesting on June 4, 2019, with one quarter vesting then and the remainder vesting monthly. Following the exercise, Fleming directly holds 76,413 shares of Procore common stock, and this filing shows no remaining derivative position from this option grant.

Positive

  • None.

Negative

  • None.
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*
Fleming William Fred Jr

(Last) (First) (Middle)
C/O PROCORE TECHNOLOGIES, INC.
6309 CARPINTERIA AVE

(Street)
CARPINTERIA CA 93013

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PROCORE TECHNOLOGIES, INC. [ PCOR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 M 9,500 A $12.22 76,413 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $12.22 03/12/2026 M 9,500 (1) 06/17/2028 Common Stock 9,500 $12.22 10,670 D
Explanation of Responses:
1. 1/4th of the shares subject to the option vested on June 04, 2019 and 1/48th of the shares subject to the option vested monthly thereafter, subject to continued service through each applicable vesting date.
Remarks:
/s/ Benjamin C. Singer, Attorney-in-Fact 03/16/2026
** 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.

FAQ

What insider transaction did Procore (PCOR) report for William Fred Fleming Jr.?

Procore reported that SVP and corporate controller William Fred Fleming Jr. exercised stock options for 9,500 shares of common stock at $12.22 per share on March 12, 2026. This increased his direct holdings to 76,413 shares after the transaction.

What type of security did the Procore (PCOR) Form 4 transaction involve?

The Form 4 shows a derivative stock option that converted into Procore common stock. Fleming exercised options labeled “Stock Option (Right to Buy)” covering 9,500 underlying shares, which became 9,500 shares of common stock directly owned after the March 12, 2026 transaction.

At what price were William Fred Fleming Jr.’s Procore (PCOR) options exercised?

The options were exercised at an exercise price of $12.22 per share. This price applied to all 9,500 option shares that converted into an equal number of Procore common shares, as disclosed in the March 12, 2026 Form 4 transaction details.

How many Procore (PCOR) shares does William Fred Fleming Jr. own after this Form 4?

After exercising 9,500 stock options, Fleming directly holds 76,413 shares of Procore common stock. The Form 4 lists this figure as his total direct ownership following the March 12, 2026 derivative exercise and related common stock acquisition.

What is the vesting schedule of the Procore (PCOR) stock options exercised by Fleming?

The option grant vested with one quarter of the shares on June 4, 2019, and the remaining shares vesting in equal monthly installments. Each monthly vesting required continued service through the applicable vesting date, as described in the Form 4 footnote.

Does the Procore (PCOR) Form 4 show any remaining options for William Fred Fleming Jr.?

The Form 4’s derivative summary is empty, indicating no remaining derivative positions are reported from this grant. Combined with the 9,500-share exercise, the filing reflects completion of this specific option position as of March 12, 2026.
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8.73B
135.59M
Software - Application
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United States
CARPINTERIA