{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-211312","form_type":"8-K","ticker":"PCOR","cik":"0001611052","company_name":"PROCORE TECHNOLOGIES, INC.","filed_at":"2025-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.482554+00:00","generated_at":"2026-05-17T05:58:39.834343+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Procore appoints former Ansys CEO Ajei Gopal as CEO designate; founder Tooey Courtemanche to become Chair","bullets":["Dr. Ajei Gopal named CEO Designate effective Sept 22, 2025; will become President & CEO after Q3 2025 earnings (expected Nov 10, 2025).","Founder Tooey Courtemanche transitions from CEO to Chair of the Board after CEO start date.","Gopal previously led Ansys (2017-2025), tripling revenue and leading its $35B sale to Synopsys; joined Procore's Board as Class I director.","Compensation: $750k base salary, 150% target bonus (up to 200%), $27.5M RSU grant, $27.5M performance-based PSU grant, plus sign-on and severance benefits.","Company reaffirms Q3 and FY2025 financial guidance as previously announced on July 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-211312","json":"https://secwatch.observer/filing/0001193125-25-211312.json","markdown":"https://secwatch.observer/filing/0001193125-25-211312.md","text":"https://secwatch.observer/filing/0001193125-25-211312.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611052/000119312525211312/0001193125-25-211312-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611052/000119312525211312/d937821d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:58:39.834343+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}