Procore Technologies (PCOR) grants 4,712 RSUs to director Chapple
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chapple Erin reported acquisition or exercise transactions in this Form 4 filing.
PROCORE TECHNOLOGIES, INC. director Erin Chapple received a grant of 4,712 shares of common stock in the form of restricted stock units at no cash cost. These RSUs vest in full at the company’s 2027 annual meeting of stockholders, subject to her continued board service. After this award, she directly holds 19,555 shares of Procore common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chapple Erin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,712 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,555 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,712 shares
Grant price per share: $0.00 per share
Post-transaction holdings: 19,555 shares
+1 more
4 metrics
RSU grant size
4,712 shares
Restricted stock units awarded to director on June 4, 2026
Grant price per share
$0.00 per share
Reported price for RSU award
Post-transaction holdings
19,555 shares
Common stock directly held after RSU grant
Vesting timing
2027 annual meeting
100% of RSUs vest at 2027 annual stockholders’ meeting
Key Terms
restricted stock units ("RSUs"), annual meeting of stockholders, vesting
3 terms
restricted stock units ("RSUs") financial
"Represents shares of common stock issuable upon the settlement of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders financial
"100% of the RSUs vest on the date of the issuer's 2027 annual meeting of stockholders"
vesting financial
"subject to the Reporting Person's continued service through such vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did PROCORE TECHNOLOGIES (PCOR) report for Erin Chapple?
PROCORE TECHNOLOGIES reported that director Erin Chapple received a grant of 4,712 restricted stock units. These RSUs represent common shares that will be issued upon vesting, functioning as part of her equity-based director compensation.
At what price were the 4,712 Procore (PCOR) RSUs granted to Erin Chapple?
The 4,712 restricted stock units for Erin Chapple were granted at a reported price of $0.00 per share. This reflects a standard, non-cash equity compensation award rather than an open-market purchase of PROCORE TECHNOLOGIES common stock.
When do Erin Chapple’s 4,712 Procore (PCOR) RSUs vest?
Erin Chapple’s 4,712 RSUs vest 100% on the date of Procore’s 2027 annual meeting of stockholders. Vesting can also occur on the date immediately preceding that meeting if her board service ends then due to not being re-elected or not standing for re-election.
What service conditions are tied to Erin Chapple’s Procore (PCOR) RSU grant?
The RSU grant requires continued service as a director through the vesting date. If Erin Chapple remains on the board until the 2027 annual meeting (or just before, in specified cases), the 4,712 restricted stock units will settle into common shares.
Is Erin Chapple’s Procore (PCOR) RSU grant an open-market purchase or a compensation award?
The 4,712-share transaction is a grant or award, not an open-market purchase. It is classified as a compensation-related acquisition of restricted stock units, aligning her interests with shareholders without requiring her to pay cash for the shares.