Procore director granted 4,712 RSUs
SMITH GRAHAM reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
SMITH GRAHAM reported acquisition or exercise transactions in this Form 4 filing.
PROCORE TECHNOLOGIES, INC. director Graham Smith received an equity award of 4,712 restricted stock units (RSUs), each representing one share of common stock upon settlement. After this grant, he holds 54,381 shares (including the RSUs reported in the filing).
All 4,712 RSUs are scheduled to vest on the date of Procore’s 2027 annual meeting of stockholders, or immediately before that date if his board service ends at that meeting due to not being re-elected or not standing for re-election. Smith has elected to defer settlement of the vested RSUs into common stock until the earlier of 90 days after his service terminates or a change in control of the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,712 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock issuable upon the settlement of restricted stock units ("RSUs"). 100% of the RSUs vest on the date of the issuer's 2027 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such annual meeting as a result of the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), subject to the Reporting Person's continued service through such vesting date. The Reporting Person has elected to defer the receipt of common stock upon the vesting of the RSUs until the earlier of (i) the date that is ninety (90) days following the date of termination of service, and (ii) the date of a change in control.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
annual meeting of stockholders financial
change in control financial
deferral financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Procore (PCOR) director Graham Smith receive?
When do Graham Smith’s 4,712 Procore (PCOR) RSUs vest?
What happens to Graham Smith’s Procore (PCOR) RSUs if he is not re-elected in 2027?
What does a change in control mean for Graham Smith’s Procore (PCOR) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.