secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001193125-26-170449
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore appoints AI professor Vishal Misra to Board of Directors; Board expands to 11
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- Appointed Dr. Vishal Misra as Class III director effective April 20, 2026; Board size increased from 10 to 11.
- Misra is RKS Family Professor of CS and Vice Dean of Computing & AI at Columbia U; co-founded Cricinfo (acquired by ESPN).
- Compensation: $48,100 annual cash retainer for Board, $13,500 for Audit Committee, plus $530,000 initial RSU award.
- Initial RSU vests in three equal annual installments starting Feb 20, 2027; Misra will serve on Audit Committee.
- CEO cites Misra's AI expertise as key for Procore's next growth phase in construction management software.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000119312526170449/0001193125-26-170449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000119312526170449/d28651d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-170449

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