Procore (PCOR) SVP exercises stock options, now holding 76,413 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROCORE TECHNOLOGIES, INC. senior vice president and corporate controller William Fred Fleming Jr. exercised stock options to acquire 9,500 shares of common stock at $12.22 per share on March 12, 2026.
The options were part of a grant that began vesting on June 4, 2019, with one quarter vesting then and the remainder vesting monthly. Following the exercise, Fleming directly holds 76,413 shares of Procore common stock, and this filing shows no remaining derivative position from this option grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,500 shares exercised/converted
Mixed
2 txns
Insider
Fleming William Fred Jr
Role
SVP, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 9,500 | $12.22 | $116K |
| Exercise | Common Stock | 9,500 | $12.22 | $116K |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,670 shares (Direct);
Common Stock — 76,413 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Procore (PCOR) report for William Fred Fleming Jr.?
Procore reported that SVP and corporate controller William Fred Fleming Jr. exercised stock options for 9,500 shares of common stock at $12.22 per share on March 12, 2026. This increased his direct holdings to 76,413 shares after the transaction.
What type of security did the Procore (PCOR) Form 4 transaction involve?
The Form 4 shows a derivative stock option that converted into Procore common stock. Fleming exercised options labeled “Stock Option (Right to Buy)” covering 9,500 underlying shares, which became 9,500 shares of common stock directly owned after the March 12, 2026 transaction.
At what price were William Fred Fleming Jr.’s Procore (PCOR) options exercised?
The options were exercised at an exercise price of $12.22 per share. This price applied to all 9,500 option shares that converted into an equal number of Procore common shares, as disclosed in the March 12, 2026 Form 4 transaction details.
What is the vesting schedule of the Procore (PCOR) stock options exercised by Fleming?
The option grant vested with one quarter of the shares on June 4, 2019, and the remaining shares vesting in equal monthly installments. Each monthly vesting required continued service through the applicable vesting date, as described in the Form 4 footnote.
Does the Procore (PCOR) Form 4 show any remaining options for William Fred Fleming Jr.?
The Form 4’s derivative summary is empty, indicating no remaining derivative positions are reported from this grant. Combined with the 9,500-share exercise, the filing reflects completion of this specific option position as of March 12, 2026.