Procore expands board to 11 members, appoints Dr. Vishal Misra as independent director

Filed April 22, 2026 · Period ending April 20, 2026 · ~1 min read

Key Changes

• medium

  Board increased from 10 to 11 directors and appointed Dr. Vishal Misra as independent Class III director effective April 20, 2026. He will serve until the 2027 annual meeting and joins the Audit Committee.

  Item 5.02 verify on EDGAR →
• low

  Dr. Misra received initial equity grant of $530,000 in RSUs vesting in three equal annual installments on February 20 of 2027, 2028, and 2029, plus annual RSU awards at each stockholder meeting going forward.

  Item 5.02 verify on EDGAR →
• low

  Standard director compensation includes $48,100 annual cash retainer for board service plus $13,500 for Audit Committee service, paid quarterly in arrears and prorated for partial service.

  Item 5.02 verify on EDGAR →