secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0001193125-21-365005
Event type: leadership
Sentiment:  positive
Materiality: 0.35
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore appoints Microsoft Azure VP Erin Chapple to Board of Directors
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- Erin Chapple, Corporate VP of Azure Core at Microsoft, joins Procore's Board effective Dec 21, 2021.
- Chapple serves as Class I director until 2022 annual meeting; also joins Compensation Committee Jan 1, 2022.
- Compensation: $35,000 annual cash retainer plus $7,500 for committee; initial RSU award of $450,000 vesting over three years.
- Chapple brings cloud platform expertise to help advance Procore's construction management platform strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000119312521365005/0001193125-21-365005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000119312521365005/d257044d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-365005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer