Vanguard disaggregates holdings; PCOR shows 0 shares (PCOR)
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
- None.
Negative
- None.
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.
FAQ
What does PCOR Schedule 13G/A Amendment No. 3 disclose?
Which Vanguard entity signed the Schedule 13G/A for PCOR?
What is the effective date of Vanguard's internal realignment in the filing?