Procore Technologies Sets New Board Member Compensation Policy with Cash Retainers and Equity Awards
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Procore Technologies Inc. announced a new compensation policy for board member Mr. Hovsepian, including an annual cash retainer of $48,100, additional retainers for committee service, and RSU awards. The initial RSU award is valued at $530,000, vesting over three years, with subsequent annual RSU awards of $227,500. This policy was disclosed via the SEC's EDGAR system.
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