Form 4: Procore Technologies Chief Revenue Officer Reports Stock Transaction
SEC Form 4 Filing
Lawrence Joseph Stack, Chief Revenue Officer of Procore Technologies, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 20, 2025, Lawrence Joseph Stack, the Chief Revenue Officer of Procore Technologies, Inc. (PCOR), disposed of 7,080 shares of common stock to satisfy a tax obligation.
- The shares were disposed of at a price of $69.94 per share.
- Following the transaction, Stack directly owns 210,788 shares of Procore Technologies common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations and does not indicate any significant change in the executive's confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock transaction (disposal of shares). |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Procore Technologies, PCOR, Lawrence Joseph Stack, Chief Revenue Officer, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Obligation
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