Form 4: Procore Technologies Executive Steven Davis Reports Stock Award

Steven Davis, President of Product & Technology at Procore Technologies, reported the acquisition of 68,281 shares of common stock and the disposal of 225,074 shares.

Summary

• On March 31, 2025, Steven Davis, President of Product & Technology at Procore Technologies, reported transactions involving the company's common stock.
• Davis acquired 68,281 shares of common stock at $0.
• Davis disposed of 225,074 shares of common stock.
• Following these transactions, Davis directly owns 225,074 shares of Procore Technologies.
• The shares acquired are related to restricted stock units (RSUs) that vest quarterly, starting February 20, 2025, subject to continued service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an executive, indicating a neutral sentiment.

Future Outlook

The RSUs vest quarterly, beginning February 20, 2025, subject to the Reporting Person's continued service through each Company Vesting Date.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The stock transactions by a company executive may influence investor sentiment, but the overall impact is likely to be minimal.

Key Dates

Keywords

Form 4, Procore Technologies, Steven Davis, Stock Transaction, Beneficial Ownership, Restricted Stock Units, PCOR