DEFA14A: Procore Technologies Sets Date for 2024 Annual Stockholders Meeting

Sentiment:

Proxy Statement


Procore Technologies will hold its 2024 Annual Meeting of Stockholders virtually on June 6, 2024, to vote on director elections, auditor ratification, and executive compensation.

Summary

  • Procore Technologies, Inc. will hold its 2024 Annual Meeting of Stockholders on Thursday, June 6, 2024, at 9:00 AM Pacific Time.
  • The meeting will be held virtually via live webcast.
  • Stockholders of record as of April 12, 2024, are eligible to vote.
  • The agenda includes the election of three Class III directors, ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2024, and an advisory vote on executive compensation.
  • Stockholders can vote online, by phone, or at the Annual Meeting.
  • To attend the Annual Meeting, stockholders must register by June 5, 2024, at 11:59 PM PT.
  • The Board of Directors recommends voting 'FOR' Proposals 1, 2, and 3.

Sentiment

Score: 7

Explanation: The document is a neutral announcement of the annual meeting and its agenda, which is a routine corporate event. The sentiment is therefore moderately positive as it reflects standard corporate governance practices.

Positives

  • The meeting will be held virtually, providing convenient access for stockholders.
  • Stockholders have multiple options for voting: online, by phone, or at the meeting.

Future Outlook

The document outlines the agenda and procedures for the upcoming Annual Meeting, focusing on corporate governance matters.

Industry Context

This is a standard proxy statement related to an annual meeting, a routine part of corporate governance for publicly traded companies.

Stakeholder Impact

  • Shareholders are directly impacted as they have the opportunity to vote on key company matters.
  • The outcome of the votes can influence the direction and oversight of the company.

Next Steps

  • Stockholders should review the proxy materials and vote on the proposals.
  • Stockholders who wish to attend the virtual meeting should register by the specified deadline.

Key Dates

DateDescription
April 12, 2024Record date for stockholders eligible to vote
May 27, 2024Deadline to request paper copies of proxy materials in time for the Annual Meeting
June 5, 2024Deadline to register for the Annual Meeting (11:59 PM PT)
June 6, 2024Date of the Annual Meeting of Stockholders (9:00 AM PT)
December 31, 2024End of fiscal year for which PricewaterhouseCoopers LLP is being considered as the independent auditor

Keywords

Annual Meeting, Stockholders, Proxy Statement, Procore Technologies, Voting, Directors, Auditor, Executive Compensation

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