Form 4: Director Kathryn Bueker Receives Procore RSU Grant

Procore Technologies director Kathryn Bueker was granted 4,712 restricted stock units as part of annual director compensation.

Summary

• Director Kathryn Bueker acquired 4,712 restricted stock units (RSUs) of Procore Technologies, Inc. (PCOR).
• The transaction occurred on June 4, 2026, at a price of $0 per share, representing equity-based compensation.
• Following this transaction, the reporting person's total direct beneficial ownership increased to 18,193 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory disclosure regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a standard compensatory equity grant for a board member.

Risks

• Vesting is subject to the reporting person's continued service as a director through the 2027 annual meeting.

Future Outlook

The RSUs are scheduled to vest on the date of the issuer's 2027 annual meeting of stockholders, with receipt of shares deferred until 90 days after termination of service or a change in control.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard practice in the software-as-a-service (SaaS) industry to ensure board alignment with corporate performance and shareholder interests.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with compensation structures at peer SaaS companies like Autodesk, Atlassian, and Bentley Systems.
• The deferral mechanism for share receipt is a common governance practice among large-cap technology firms to manage tax and liquidity timing.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity-based compensation grant.

Next Steps

• Vesting of RSUs at the 2027 annual meeting of stockholders.

Key Dates

Keywords

Procore Technologies, PCOR, Form 4, Insider Trading, Director Compensation, Restricted Stock Units