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Vanguard disaggregates holdings; PCOR shows 0 shares (PCOR)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Procore Technologies Inc filed Amendment No. 3 to a Schedule 13G/A regarding common stock (CUSIP 74275K108) and reports 0 shares beneficially owned, representing 0% of the class. The filing states that on January 12, 2026 The Vanguard Group, Inc. completed an internal realignment and certain subsidiaries will report ownership separately under SEC Release No. 34-39538. The filing is signed by Ashley Grim on 03/27/2026.

Positive

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Negative

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Insights

Amendment documents disaggregation of Vanguard holdings and shows no beneficial ownership.

The amendment reports 0 shares beneficially owned and 0% of the class, reflecting an internal reorganization by The Vanguard Group effective January 12, 2026. This indicates reporting responsibility shifted to subsidiaries rather than an economic sale disclosed here.

Cash-flow treatment and trading activity are not stated; subsequent filings from Vanguard subsidiaries will show any separate beneficial positions.

Filing follows SEC disaggregation guidance; no material change to Procore's capital structure.

The text cites SEC Release No. 34-39538 as the basis for separate reporting by Vanguard subsidiaries after internal realignment. The statement clarifies that the subsidiaries pursue prior investment strategies but are reported separately.

Legal consequence is administrative reallocation of reporting duties; material ownership figures appear in future subsidiary filings where applicable.






74275K108

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does PCOR Schedule 13G/A Amendment No. 3 disclose?

It discloses that The Vanguard Group reports 0 shares beneficially owned in Procore, equal to 0%. The amendment explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries to report ownership separately under SEC Release No. 34-39538.

Does the filing show Vanguard sold Procore (PCOR) shares?

No sale is disclosed; the filing reports 0 shares beneficially owned and cites internal reorganization. The text attributes the change to reporting disaggregation under SEC Release No. 34-39538 rather than describing a sale or transfer of economic ownership.

Which Vanguard entity signed the Schedule 13G/A for PCOR?

The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026. The signature block lists The Vanguard Group as the reporting person and provides Vanguard's Malvern, Pennsylvania address.

What is the effective date of Vanguard's internal realignment in the filing?

The filing states the internal realignment occurred on January 12, 2026. It cites SEC Release No. 34-39538 as the authority for disaggregated reporting by subsidiaries following that realignment.

Will this amendment change Procore's outstanding share count or capital structure?

No change to Procore's capital structure is disclosed; the amendment reports reporting adjustments by Vanguard resulting in 0 shares beneficially owned. The filing does not state any issuance, repurchase, or alteration of outstanding shares.
Procore Technologies Inc

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