Procore (NYSE: PCOR) awards 114,248 RSUs to product & tech chief

Rhea-AI Filing Summary

Davis Steven Scott reported acquisition or exercise transactions in this Form 4 filing.

PROCORE TECHNOLOGIES, INC. granted President of Product & Technology Steven Scott Davis 114,248 shares of common stock in the form of restricted stock units at no cash cost. These RSUs vest in twelve equal quarterly installments on February 20, May 20, August 20 and November 20, beginning with the first such date after February 20, 2026, as long as he remains in service. Following this award, he directly holds 303,816 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Davis Steven Scott

Role President Product & Technology

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	114,248	$0.00	--

Holdings After Transaction: Common Stock — 303,816 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 114,248 shares Grant price: $0.00 per share Holdings after grant: 303,816 shares +2 more

5 metrics

RSU grant size 114,248 shares Restricted stock units granted on March 31, 2026

Grant price $0.00 per share Equity award, non-cash compensation

Holdings after grant 303,816 shares Total common stock directly held after transaction

Vesting fraction 1/12 per vesting date Quarterly vesting across twelve installments

Vesting schedule dates Feb 20, May 20, Aug 20, Nov 20 Quarterly Company Vesting Dates beginning after Feb 20, 2026

Key Terms

restricted stock units, Company Vesting Date, vesting commencement date, continued service

4 terms

restricted stock units financial

"Represents shares of common stock issuable upon the settlement of restricted stock units (the "RSUs")."

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.

continued service financial

"and subject to the Reporting Person's continued service through each Company Vesting Date."

Form 4 Insider Transactions: What Each Field Means →

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^*

Davis Steven Scott

(Last) (First) (Middle)

C/O PROCORE TECHNOLOGIES, INC.

6309 CARPINTERIA AVE

(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)

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		114,248(1)	A	$0	303,816	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

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)

FAQ

What did Procore (PCOR) insider Steven Scott Davis receive in this Form 4?

Steven Scott Davis, Procore’s President of Product & Technology, received 114,248 shares of common stock as restricted stock units. The award is a compensation grant, recorded at a price of $0.00 per share, and increases his direct holdings to 303,816 shares.

How do the new Procore (PCOR) RSUs granted to Steven Scott Davis vest?

The 114,248 RSUs vest in twelve equal quarterly installments. Vesting occurs on February 20, May 20, August 20 and November 20, starting with the first such date after February 20, 2026, and requires Mr. Davis to remain in continuous service.

Is the Procore (PCOR) Form 4 transaction an open-market purchase or sale?

The transaction is not an open-market trade. It is a grant of restricted stock units reported with code “A,” described as a grant, award or other acquisition, and carries a price per share of $0.00 as part of equity compensation.

What are Steven Scott Davis’s Procore (PCOR) share holdings after this RSU grant?

After the restricted stock unit grant, Steven Scott Davis directly holds 303,816 shares of Procore common stock. This total reflects his position following the award of 114,248 RSUs, which will settle into shares over time as they vest.

What conditions apply to the vesting of Procore (PCOR) RSUs granted to Steven Scott Davis?

Each quarterly vesting of the RSUs is contingent on continued service. One-twelfth of the 114,248 restricted stock units vests on each specified Company Vesting Date only if Mr. Davis remains in service through that date.